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iPhone 5 Sales Top Five Million in Launch Weekend

Locoboof said:
I wonder how many more Pre-orders they would have had if AT&T didn't charge the extra 250.00 early upgrade fee......like they didn't in the past. I personally know 4 people that didn't get the 5 this year because of that.
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Yeah I was thoroughly disappointed with that. I have been able to upgrade every year until now. Luckily my mother-in-law is using one of our old 3GS so I can upgrade that one for me.

However, I still haven't ordered mine. Probably wait a little while, needed funds for other things atm.

Really peeved with that. Do the other carriers not do that? Not that I would change, but curious.
 
isoft7 said:
Missed forecast by MILLIONS.

Thats the only part of this story that matters.

And, I believe it says all anyone needs to know.

I hope Apple enjoyed being top dog while it lasted.
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Hope that is sarcasm. Who forecasted that? :rolleyes:

Obviously not Apple; because if they did forecast the "analyst's" numbers, they would of... I dunno planned on it and actually had the supply to back up those numbers.

Come talk at the end of the quarter and see who is top dog...
 
My nephew got one on launch day, and also signed up fro an iPad that he really didn't need... they saw him coming :lol:

I have to wait and get my new iMac first, then an iPhone and if I have any money left over maybe a mini iPad.
 
Rogifan said:
Someone on CNBC wondering why they didn't have the supply to meet the demand. I'm assuming they're building them as fast as they can. And maybe they did have supply constraints. I'd still like to know where Munster et al got their 8-10 million figure.
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To be fair, Munster predicted 8-10 million in the first week. That's still conceivable, although technically this Friday's launch in 20 other countries will be in Week 2.
 
subsonix said:
It's worth noting that those estimates are made by people that know absolutely nothing about the limits of Apple's supply chain and current availability. Basically ignoring reality in the estimate. Tim Cook mentions that they did sell out the initial supply, meaning they sold everything they had.

This doesn't really tell anything about the demand other than it was higher than what they were able to sell.
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True. But those same know-nothing analysts make predictions for EVERY Apple launch, so meeting, exceeding, or falling short of bad estimates is still a worthy comparison, since the estimates are presumably consistently erroneous.
 
AHDuke99 said:
Not surprising. With AT&T removing yearly upgrades I didn't expect this launch to be that much bigger than the 4S. Not everyone can afford to shell out $250 extra on their new iphone. That's what's keeping me from upgrading.
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That will definitely deter a lot of people. Plus, the visual change in hardware is not as dramatic as it was two years ago so some people may feel comfortable waiting a little longer. When I held it yesterday for the first time, it felt "cheap" (not saying it is) in my hands, compared to my 4S. The display looked great.

I'll definitely upgrade next year to an iPhone, but I have this feeling that from this point on there will be more mainstream scrutiny on the software as the hardware this time is making a smaller impact visually than two years ago. I noticed something interesting when I was at the Apple store. Three people wondered the same thing when they spoke, looking at a new iPhone 5. They said to their companions, what's the difference? Someone replied, it's a little bigger. Someone else replied, it has 4G. A woman, maybe in her 40s, holding the display model said, what's that?
 
Worldinmii said:
Although I would agree that there were not 5 million people lined up to get the new iPhone, I wouldn't say "relatively few fanatics that stand in lines....", isn't that accurate either....there were TONNES!!! :)
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Maybe a few thousand, worldwide? Compared to the 5,000,000 buyers, the fanatics who stand in line are quite few.
 
Now that i got my iPhone 5 i will hibernate for the next 2 years, if history serves me right next september we will see another S model, I will therefore book myself for the next 10 million for the iPhone 6 when my contract ends.
 
twoodcc said:
i wonder if they made more, they would have sold more?
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Even if they run out of stock, it doesn't stop people from ordering. The upgrades are likely why they didn't sell a huge number - a bigger reason than many here probably realize. While some of us are willing to spend $250 + the price on an early upgrade, for the usual consumer, they would just keep the 4S for another year and wait for the next cycle.
 
iGrip said:
No way. Go to AppleInsider and check out the ridiculous posts by certain regulars*. Those fanbois are totally nuts. The people here are extremely logical and moderate in comparison.
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A little reality check for you.
Every fansite has it's fanbois. And this site is a fansite.
 
kdarling said:
Despite an all too common myth, both Apple and Samsung include shipped numbers (devices sold to stores but not yet to end users).

So it means that over three days, Apple sold 5 million both to its own store customers and to carriers and retailers in nine countries (the U.S., Australia, Canada, France, Germany, Hong Kong, Japan, Singapore and the U.K).

Last year, the iPhone 4S sold 4 million in the same time period over seven countries (no HK or Singapore). That's a bit more average sales per country than the iP5.

--

Since it's Apple's only new model for the entire year, it will of course outsell any other individual model from other companies that have multiple choices.

Samsung has sold 20 million of just one (Galaxy S3) of their new models in under 100 days. They also sold 10 million Galaxy Notes in about nine months. Overall, they're averaging ~50 million smartphone sales per quarter.
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Do you have any links to prove whether Samsung's numbers are numbers sold to stores or numbers sold to end users?
I ask this cause we know APple's numbers are numbers sold to end users. And that's what really matters.
 
the8thark said:
I ask this cause we know APple's numbers are numbers sold to end users.
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Not your fault: this is a commonly repeated misconception.

Apple's numbers are NOT just end user sales. They also include sales to retailers, starting from the moment the units are shipped to Radio Shack or Best Buy or Walmart or wherever.

This method of accounting for sales is specifically stated in Apple's SEC filings. It is stated over and over again in responsible articles here, from analysts, and in business magazines. It is stated even in their quarterly calls where Apple has had to explain why their numbers do not match expectations... because their sell-in to stores was greater than the sell-out to the final customers.

Alas, I don't have the spare time today to find and repost everything that's been said on this topic before, or dig up Apple's 10-K filing for you. You can do that yourself if you're really interested. If it helps, though, here's an article I found:

So why is it okay that companies report units shipped as units sold? It all comes down to accounting.

Companies need to determine inventory and cost of good sold figures in order to calculate earnings. Sounds simple enough. Diving deeper into purchasing contracts would show the more intricate interactions between a buyer and seller. Without jumping into the accounting bunny hole, let’s look at Apple’s most recent 10-K:

“(Apple) recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collection is probable. Product is considered delivered to the customer(*) once it has been shipped and title and risk of loss have been transferred. For most of (Apple)’s product sales, these criteria are met at the time the product is shipped. For online sales to individuals, for some sales to education customers in the U.S., and for certain other sales, (Apple) defers revenue until the customer receives the product because (Apple) legally retains a portion of the risk of loss on these sales during transit.”

An iPad on a freight plane headed to a Walmart warehouse is no longer counted as an iPad in Apple’s inventory, instead it is counted as an iPad in Walmart’s inventory. Apple is able to recognize that iPad as sold and recognize the accompanying revenue (and profit).

- Business Insider, Mar 2011
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(*) Younger readers sometimes think that "customer" here means the end user. No, it means the customer as in the initial buyer, who can be a retailer or carrier. Sales to individuals from Apple online stores are accounted for differently: they are counted when delivered.
 
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the8thark said:
A little reality check for you.
Every fansite has it's fanbois. And this site is a fansite.
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Are you saying that I thought otherwise? Nothing in my comment would justify such a thought.

I sad that the people here are very reasonable in their fandom compared to the nutcases at AI. How do you possibly translate that into a statement that "[not] every fansite has its fanbois"?

You may be an exception to the generally level-headed posters here, but as of now, I will give you the benefit of the doubt.
 
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