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Tuesday, September 16, 2014

Apple iPhone 6 pre-orders hit record 4 million on first day

https://www.youtube.com/watch?v=eGxlm82hWDM Apple to unveil new iPads, operating system on Oct. 21: report Wed, Sep 17 14:40 PM EDT image (Reuters) - Apple Inc (AAPL.O) is set to launch two new iPads and release the next version of its Mac operating system at its next event on Oct. 21, a Daily Dot report said, citing sources familiar with the matter. The company plans to unveil the sixth generation of its iPad and the third edition of the iPad mini, as well as its operating system OS X Yosemite, which has undergone a complete visual overhaul, the Internet news website said. Trudy Muller, a spokeswoman for Apple, declined to comment. The iPad is expected to have a 9.7 inch screen, while the new version of the iPad mini will have a 7.9 inch screen, Bloomberg earlier reported, citing people familiar with the matter. A Bloomberg report said the Cupertino, California-based company will launch its next generation of iPads around mid-October as Apple prepares for the holiday season by boosting its product lineup. Apple sold 13.3 million iPads in the quarter ended June, falling short of analysts' projections for more than 14 million. Apple also unveiled its Apple Watch, two larger iPhones and a mobile payments service dubbed "Apple Pay" last week. (Reporting by Anya George Tharakan in Bangalore,; Additional reporting by Christina Farr; Editing by Joyjeet Das) ============================= Mon, Sep 15 19:48 PM EDT image 1 of 4 By Lehar Maan (Reuters) - Apple Inc said many customers will need to wait until next month for their new iPhones after a record 4 million first-day pre-orders were logged, double the number for the iPhone 5 two years ago. The company said demand had outstripped supply of the new iPhone 6 and iPhone 6 Plus, which feature larger screens and longer battery life. Deliveries of pre-orders will begin on Friday and will continue through October. Bumper first-day pre-orders point to first-weekend sales of up to 10 million units, analysts estimated. "Assuming preorders are similar to the 40 percent of first weekend sales for the iPhone 5, this would imply iPhone 6/6Plus first weekend sales could be around 10 million," Wells Fargo Securities analysts wrote in a note. About 2 million pre-orders were received for the iPhone 5 in the first 24 hours after it went on sale in September 2012. Apple sold 5 million of these phones in the first weekend. Apple sold 9 million iPhone 5Ss and 5Cs, which were launched last year, in the first three days in stores. The company did not reveal pre-order numbers for these phones. Raymond James analysts said they expect sales of iPhone 6 and iPhone 6 Plus to top 9 million in the first weekend. "Apple will be selling every iPhone it can make, at least through October. Because of this, the first weekend sales are typically more indicative of supply than demand," they said. The company routinely grapples with iPhone supply constraints, particularly in years that involve a smartphone re-design. 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. Janney Capital Markets analysts said the large number of pre-orders was due to "pent-up demand" for bigger iPhone screens. The brokerage raised its sales estimate for the latest iPhones to 37.4 million units for the current quarter and 60 million for the quarter ended December. "We believe significant demand will even spill into the March and June quarters given supply and the timing of shipments in China," Barclays analysts wrote in a note. The company said the new iPhone models will be available to customers in its stores in the United States, Canada, Australia and some other countries on Friday morning. AT&T Inc, Sprint Corp, T-Mobile US Inc, Verizon Wireless and some Apple authorized resellers will also start selling the phones on Friday. The phones will come equipped with Apple's new payments service, "Apple Pay", which launches in the United States next month and allows users to pay for items in stores with their phones. Apple's shares were up less than 1 percent at $102.92 Monday afternoon. (Reporting By Lehar Maan and Soham Chatterjee in Bangalore; Editing by Saumyadeb Chakrabarty)

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