Print 32 comment(s) - last by degobah77.. on Dec 19 at 11:00 AM

Apple offers official candy sales figures for the first time

The iPhone 5 went on sale in China on December 14. Apple announced over the weekend that in only three days after that launch it has sold 2 million iPhone 5 smartphones. Apple also reasserted that the iPhone 5 would be available in more than 100 countries by the end of December marking the fastest iPhone rollout ever.

“Customer response to iPhone 5 in China has been incredible, setting a new record with the best first weekend sales ever in China,” said Tim Cook, Apple’s CEO. “China is a very important market for us and customers there cannot wait to get their hands on Apple products.”

Despite the successful rollout, Apple shares fell 3.8% in trading on Friday after the iPhone 5 debuted in China. Citi Research downgraded Apple stock from "buy" to "neutral" and lowered Apple's price target from $675 to $575.
Citi Research blamed diminishing hype for the iPhone 5 and improving competition in the smartphone market. 

Sources: Apple, Reuters

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By Dr of crap on 12/17/2012 11:04:48 AM , Rating: 0
Why is this site so fixated on sales of items??
It means nothing. Doesn't make me want to to get one.

Doesn't matter number of phones, Apple or others, sold in the frist week. Doesn't matter the dollars amount a movie took in in the first weekend.

If you wanted to see the movie, avoid the crazies and get a better seat a few weeks after it opens. Stay away from the crazies and get the phone IF YOU NEED IT months later.

It's kind of like grade school, having to be first in line. Doesn't do any good.

By max_payne on 12/17/2012 12:28:45 PM , Rating: 2
I agree with you on that. In what way is this a tech news ? The only way I can see it, it's a paid advertisement for Apple.
Quick Note : Who care ?

By degobah77 on 12/17/12, Rating: 0
By Uncle on 12/17/2012 3:44:09 PM , Rating: 2
This takes me back to the early seventies, when Timex watches were selling in N America for $10. When I was in Germany the watches were selling for $50 and higher. Swiss made watches were cheaper in Germany then Timex but more expensive in N America. That taught me a valuable lesson in Market Media Hype Advertising. Advertising Media Hype is all bullsh*t depending in what part of the world you live in. The Chinese are just coming out of the stone age and are going to be more dazzled by the glitz and glamor of the Media. It shouldn't take them to long to figure out the fluff from real. In the seventies we didn't have the net to make comparisons with the rest of the world, so the media ruled the roost. The market they go after is the young impressionable minds. Remember when the advertisers claimed that Ads didn't affect the young Saturday TV watchers. Well if it doesn't work their blowing billions every year. You can't get away from advertisers unless you go out in the bush fishing. Just stay away from other campers who use cell phones in case you see an apple logo.:)

By degobah77 on 12/19/2012 11:00:33 AM , Rating: 2
Apple is not cool. Owning their products is not cool, either.

I used to own a Starter jacket back in the day, and thought Vanilla Ice was cool, too.

I used to really care about how many records Milli Vanilli was selling. They were raking in the profits!

By name99 on 12/17/2012 2:23:23 PM , Rating: 2
Oh don't be a child.

These sales figures matter because
(a) The tech world, ULTIMATELY, lives off money. If no-one wants to buy your product you die, no matter how cool your technology. Look at DEC Alpha. Look at Sun. Look at SGI. A large part of the future agenda of tech will be determined by the companies with money.

(b) This is about China, and China is clearly a rapidly changing place that will affect the rest of the world. The scale of the launch tells us something about the size of the population in China that is both interested in and can afford "middle-class" high tech. This in turns gives us a feel for the size of the population that will be inventing future tech.
Huawei, for example, made a large number of submissions of ideas for the h.265 standard --- were you aware of that? Or in your imagination, is h.265 basically an American invention to which a few Europeans make a few minor modifications?

By Dr of crap on 12/17/2012 2:48:24 PM , Rating: 2
I understand you must sell your product.
We do not NEED to know that the iphone sold X amount the first few days.

If it salls 200,000 copies or 100 millions copies, it made money, some wanted it right now. Wanting it right now DOES NOT make you money for the lang haul. If Apple sold 10 million copies in the first 2 weeks and then sold nothing else would that be good - nope!

Sales over the lifetime of the product matter way more.

Don't know, don't care about - h.265 basically an American invention.

By name99 on 12/17/2012 4:52:39 PM , Rating: 2
Once again, don't be a child.
We have AMPLE experience with the sales pattern of both new Apple devices and new computing devices, and that experience allows us to do a reasonable job of extrapolation from initial sales to total sales.
(The same is also, by the way, true for most movies, although there the data is noisier.)

By Dr of crap on 12/18/2012 8:19:02 AM , Rating: 2
"...and that experience allows us to do a reasonable job of extrapolation from initial sales to total sales."

And I agree - so why must this site post the sales numebrs so readily? Like it means something?

It's basicly an ad FOR the company - right?

IF you don't get it - sorry for you!

And don't call me child again.

By drycrust3 on 12/17/2012 6:37:14 PM , Rating: 2
People like a means of being able to compare one object with another. For example, which car has a better safety rating, or which computer is better for playing games on, or which fighter plane is faster, etc. Sales figures are a means of gauging the popularity of one item against another. The figures aren't strictly accurate, but they can be used as a guide.
In this case, any figure in the millions means a good sales distribution network and a market that can afford the item.

"The whole principle [of censorship] is wrong. It's like demanding that grown men live on skim milk because the baby can't have steak." -- Robert Heinlein
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