Apple recently unveiled the iPhone 5. In the first day the handset was available for pre-order, Apple sold out its pre-order stock (2 million pre-orders in the first 24 hours). On the 21st (yesterday), the new iPhone was released in shops. Thousands flocked to Apple stores. According to CNET, ComScore, a digital analytics firm, says the iPhone 5’s three days worth of sales matches a month’s worth of iPhone 4S sales.
ComScore did not reveal the exact figures, but it seems the demand for the new iPhone is soaring to record-breaking heights. Take note that these figures are only for the US, so expect a bigger figure once Apple announces the exact figures.
The reasons why the amount of iPhone 5s sold greatly outmatches the amount of iPhone 4S units sold in one month are pretty obvious. First of all, there are more people interested in getting their hands on smartphones compared to before. Secondly, people were pretty disappointed when the iPhone 4S was unveiled, which is why smartphone sales did not boom between the months of April and June. Today’s massive demand for the iPhone 5 means that everyone was holding out for the new device.
Despite the overwhelming demand for the iPhone 5, this doesn’t mean that Apple has successfully converted Android enthusiasts to iOS. According to investment bank and asset management firm, Piper Jaffray, 83% of the new iPhone buyers were upgrading from their current iPhone. This is lot more compared to the 73% who upgraded to the iPhone 4S and 77% for the iPhone 4.
Samsung sold 20 million units of the Galaxy S3 in only 100 days after the superphone went on sale. This is a monumental achievement for the Korean tech giant, but from the looks of things, Apple is on its way to matching that and even beating it.
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