iPhone 6: Apple Receives 4Million Pre- Orders From Customers

The firm has recorded a huge pre-order for its new
iphone 6 and 6 plus.
Apple has revealed that it
received a record 4 million first-
day pre-orders of its new iPhone 6
and iPhone 6 Plus.
This means many customers would
have to wait until October for
their new phones.
The firm said a significant number
of orders would be delivered to
customers beginning Friday, but
many will be shipped in October
as demand outstrips supply.
According to Reuters, the first-day
pre-orders for the new iPhones,
which feature larger screens » , were
double the two million orders for
iPhone 5 models in 2012.
"We attribute this (pre-order
numbers) to the large pent-up
demand for larger screens on the
iPhone...," Janney Capital Markets
analysts wrote in a note.
The brokerage raised its unit sales
estimate for the latest iPhones to
37.4 million for the fourth quarter
and 60 million for the first
quarter.
While Apple did not break out
first-day pre-orders for iPhone 5Ss
and 5Cs launched last year, it
sold 9 million of those phones in
the first three days in stores as
China joined the list of launch
countries for the first time.
The company also said the new
iPhone models which also features a
mobile wallet app » , would be available
to customers in its stores in the
United States, Canada, Australia
and some other countries on
Friday morning.
AT&T, Sprint Corp, T-Mobile US
and Verizon Wireless and some
Apple authorised resellers will also
start selling the phones on Friday.
Apple's website showed last week
that the larger 5.5-inch "Plus"
models displayed a wait time of
up to a month. The 4.7-inch
version was available for delivery
on Sept. 19, 2014.
The company routinely grapples
with iPhone supply constraints,
particularly in years that involve
a smartphone re-design.
Apple's shares were up less than
one per cent at $101.94 in early
trading on Monday.