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On Friday, shares of Apple reached a new all-time high. On what was the first day of preorders for the freshly-unveiled iPhone 5, AAPL exploded to the upside trading at...
09-14-2012, 10:32 AM #1
AAPL Touches New Record High on iPhone 5 Launch
On Friday, shares of Apple reached a new all-time high.
On what was the first day of preorders for the freshly-unveiled iPhone 5, AAPL exploded to the upside trading at $696.82. If AAPL doesn't reach $700 today, it easily could early next week should weekend sales of the iPhone 5 prove to be as strong as they look to be.
As of this writing, it is believed that Apple's initial inventory of iPhone 5s for September 21st delivery is already gone. Shipping times have quickly ballooned to two-weeks and we're less than 12 hours into the preordering process.
To go along nicely with the Apple stock surge is a new bevy of compliments from leading Wall Street and tech industry analysts like Piper Jaffray's Gene Munster. On Friday, Munster chimed in on what he thinks the iPhone 5 will mean for consumers.
"We believe the sentiment around iPhone 5 was significantly better than that of the iPhone 4S," Munster said this morning. "Based on the same study by Investing Analytics, we believe that 73% of tweets about the iPhone 5 during launch day were positive compared to 51% for the iPhone 4S launch. We believe this is to be expected given the phone is redesigned while the iPhone 4S was not."
Munster calls the iPhone 5 is a veritable "Rolex" in a market full of "Timex" products and will like enjoy sales of 6 to 10 million units in the September quarter.
Source: Business Insider
09-14-2012, 10:36 AM #2
Lies.........lets lure the herd in.
Last edited by texan; 09-14-2012 at 10:40 AM.
09-14-2012, 10:42 AM #3
Apple. Must be feeling good right now.
09-14-2012, 10:58 AM #4
09-14-2012, 11:14 AM #5
09-14-2012, 11:22 AM #6
Lol wow... People are buying the IPhone because of the brand now... I asked half of my co-workers why are they buying the new iPhone?? They said because its the IPhone 5 with bigger screen....!!!!! It's the best phone in the world!!!! Turn by turn navigation!!! Wow!!!
09-14-2012, 11:28 AM #7
All lies not impressed
09-14-2012, 11:35 AM #8
anyone else wondering if the whole "2 week" shipment status isn't just a ploy to make more people pre-order TODAY? The way I see it, if you want your stocks to go up before the weekend, and you want to make a record sales day, you make people think that they are gonna be sold out that day. Then, people rush it to pre-order thinking they want to get it before the time goes to 2 months. Pretty slick idea. I hope I'm right and I actually get mine on the 21st instead of 2 weeks later, :P .
09-14-2012, 11:41 AM #9
09-14-2012, 11:49 AM #10
S3 is better huh? no one has a the new iPhone yet to even run legit tests on it to see how it compares to the S3. So i say until then you can just talk your S3 crap else where until the FACTS show what is what?
09-14-2012, 11:49 AM #11
09-14-2012, 11:57 AM #12
SIII trolls need to get out. This is a forum related to Apple products.
09-14-2012, 11:59 AM #13
Last edited by jmazz73; 09-14-2012 at 12:01 PM.
09-14-2012, 12:06 PM #14
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09-14-2012, 12:11 PM #17
09-14-2012, 12:21 PM #18
09-14-2012, 12:27 PM #19
- Join Date
- Jan 2011
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09-14-2012, 01:16 PM #20
Where's the lie? The stock did go up, the product did sell out.
- Why are you so bothered that someone else bought an iPhone?
- How does that change your life or day at all?
- Why are you bothered by any company being successful and making a product that people other than you like?
- The S3 is nice "as well."
I guess I don't completely understand why it makes you guys so angry, when you don't have to even be bothered with it. Someone calls their mom on you their own phone and you have a fit about it. I don't get it