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Apple iPhone 5’s first week sales figure exceeds 5 million units

By: Aseem Gaurav on September 25, 2012


Apple has said it sold over 5 million iPhone 5 units in the three days since it hit stores. In comparison it is a lot better than the iPhone 4S' first three days last year.

Given that the demand is so high, some analysts have expressed worries about the company being able to meet the requirement.


However, Apple is sure that it will easily deliver the required numbers. Apple Chief Executive Tim Cook had said the company is "working hard to build enough iPhone 5s for everyone."

According to Apple, majority of iPhone 5 pre-orders have been shipped to customers and a lot will be sent in October.

Analysts believe that sales could have been much higher had there been no problems on the supply side. They are expecting the company to sell anywhere between 8 million to 10 million units in the fiscal fourth quarter ending in September.

The iPhone 5 has been one of Apple's most aggressive international rollouts to date. The phone will be available 31 countries on September 28 and in more than 100 countries by the end of the year.
Undoubtedly, higher sales numbers are crucial to boost the growth that transformed Apple into the world’s most valuable company.

They key question for Apple now is “Can they get them to as many people as they want in the right amount of time?”
 

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