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Apple Sells Nine Million iPhones Over Weekend
Nerval's Lobster writes "Apple managed to sell nine million iPhones over the weekend, with the company claiming its initial supply of high-end iPhone 5S units completely sold out. Apple didn't sell out of the new iPhone 5C, its plastic-cased (and cheaper) alternative to the iPhone 5S; models are still available for shipment within 24 hours from Apple's online store. And the iPhone 5S selling out is no surprise: in the weeks ahead of the new iPhones' launch, rumors persisted that the initial production run of the device was relatively small in scope, which would make it far easier for Apple to sell out of its first batch. But how many iPhone 5C units did Apple actually manage to sell? In August, KGI Securities analyst Ming-Chi Kuo suggested that Apple would produce just over 5 million iPhone 5S units ahead of the device's launch weekend; if that number's accurate, and Apple sold every single one, it would mean Apple sold roughly 4 million iPhone 5C units in order to reach that 9-million-sold figure for both models. That's an impressive figure for any smartphone, of course, and it could quiet some of the naysayers who have spent the past several months suggesting that Apple's best years are behind it."
iPhone 5s "T-Moble Contract Free" prices, are $649, $749, and $849, depending on the amount of storage. See iPhone 5s. The iPhone 5C prices are $549, $649. See iPhone 5c.
Using an average price of $649, and 9 million units sold, that's $5.84 billion in revenue. That doesn't could any accessories (cases, car chargers, etc) or Apple Care sales.
GTA V made a relatively puny $1 billion. You know, chump change.
I have to post anon because I work for AT&T. As normal this time of year all employees are on red alert, no new vacations can be scheduled because of the iphone release, and many of use have to go on mandatory overtime. Apple, realizing it was an incremental update, laid down some new rules for us. Many of our call centers could not sell it, and we had to force the majority of users that normally called into to order it, to use our website. Oddly enough our response to the new Iphone was less than stellar as it had been in previous years, and we saw very few customers seeing it as a must have device. And we were shipped absurdly small amounts of units so we could sell out quickly. You can still get them in places like Best Buy, Radio Shack and Walmart. Plus 99.9 percent bought the phone at a subsidized price.