Sunday 9 October 2011

Apple update: IPhone 4S 200,000 pre-orders on AT&T in 12 hours!

Apple @ $370.03, -$7.34 (-1.95%).

Interesting that despite the disappointment that IPhone 5 wasn't announced and following its availability to pre-orders:
AT&T said it had ''more than 200,000 preorders in the first 12 hours alone'', making the iPhone 4S ''the most successful iPhone launch we've ever had.''(www.informationweek.com: Apple Sells Through Initial iPhone 4S Stock).

And, still wearing my shareholders hat:
The iPhone 4S has a smarter processor that allows it to be used on a wider variety of networks, including that of Sprint Nextel, which will sell and host an iPhone on its network for the first time. Apple says the iPhone 4S will be available for use by networks in 70 countries by the end of the year – what it called its fastest global rollout for any iPhone version. (http://www.entrepreneur.com: Apple's iPhone 4S Announcement Disappoints).

So, whilst I share the disappointment in the lack of a new "look at me" design the increased power and network availability are positive selling points to me as an investor whilst it still leaves the IPhone 5 brand available for "the next leap forward".
Tim Cook, CEO - Apple has previously stated that IPhone 5 would be geared to the next generation of mobile wireless capability, LTE, but at present incorparating the fledglng technology would have resulted in too many compromises which is the general view taken on the first generation of LTE phones and chipsets where additional power consumption has led to bigger batteries and weight being added to the first wave of phones (www.electronista.com: Apple: LTE iPhone would have required 'design compromises' ).
This desire not to compromise the user experience would be entirely in line with Steve Jobs philosophy so its a relief to see no change to what has been an outrageously successful philosophy.
So despite the shares having pulled back around 10% from highs of $413 since the IPhone 4S announcement and the passing of Steve Jobs, it does look like the 4S is just the warm-up act to what is looking to be a full and exciting 2012 for Apple with expectations of IPhone 5 and IPad 3. Lets hope that they are are up to spec and worth the wait!


Related articles:
- www.heraldsun.com.au: Apple's iPhone 4S preorders may be the 'most successful ever'

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