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Monday, 10 October 2011 - AT&T sold 200,000 iPhones in 12 hours |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? 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A yellow rescue pod he calls a must-have for every home.  Video  Felix Salmon: Why we loved Steve Jobs Neighbors and mourners pay tribute to Jobs Electronic Arts' "FIFA 12" videogame Navy embraces biofuelled future Follow Reuters Facebook Twitter RSS YouTube Read Ex-Beatle McCartney says "I Do" for third time 4:15pm EDT Russia's Medvedev echoes Stalin in party exhortation 08 Oct 2011 "Video vigilante" fights Oklahoma prostitution with camera 08 Oct 2011 Merkel, Sarkozy promise new crisis package, offer no details | 3:35pm EDT Presidential race loses fizz for Tea Party 7:21am EDT Discussed 266 Secret panel can put Americans on ”kill list’ 154 California governor signs controversial ”Dream Act” 141 Senate takes first step on China yuan bill Watched Rihanna's "inappropriate" outfit halts music video Tue, Sep 27 2011 Years of abuse by powerful led to current crisis: economist Fri, Oct 7 2011 New Zealand oil spill threatens environment Sat, Oct 8 2011 AT&T sold 200,000 iPhones in 12 hours Tweet Share this Email Print Related News Jobs authorized biography so his kids can know him Fri, Oct 7 2011 Samsung says third-quarter to top consensus as phones boom Fri, Oct 7 2011 WRAPUP 3-World mourns Steve Jobs; Apple shares edge higher Thu, Oct 6 2011 Apple's lead over rivals could narrow without Jobs Thu, Oct 6 2011 Steve Jobs "may never be equaled" Thu, Oct 6 2011 Analysis & Opinion Tech wrap: Samsung closing in on Apple? The apotheosis of Steve Jobs Related Topics Technology » Media » Steve Jobs » Apple CEO Tim Cook speaks in front of an image of an iPhone 4S at Apple headquarters in Cupertino, California October 4, 2011. Credit: Reuters/Robert Galbraith Fri Oct 7, 2011 8:20pm EDT (Reuters) - AT&T (T.N) sold more than 200,000 of Apple Inc's (AAPL.O) latest iPhone in the first 12 hours and said it had seen "extraordinary demand" for a gadget unveiled a day before the death of Apple co-founder Steve Jobs. The iPhone 4S was unveiled on Tuesday and immediately underwhelmed fans who had hoped for a revolutionary design after a wait of more than 15 months. But Wall Street analysts are betting that hardware updates and software enhancements, including a well-reviewed voice-recognition software system, will pull in buyers. AT&T, Verizon (VZ.N) Wireless and Sprint (S.N) began taking U.S. online orders for the device on Friday. Comparisons are difficult because the iPhone is now carried by three wireless operators, versus just one. Last year AT&T was the only carrier to sell the phone. But the previous generation of the smartphone, the iPhone 4, was the fastest-selling mobile in Apple's history, with 1.7 million devices selling in the first three days. Estimates vary, but some analysts expect Apple to sell about 27 million to 28 million iPhones in the October-December quarter. The latest iPhone 4S hits store shelves around the world on October 14. It debuts at a critical juncture for Apple. Phones based on Google Inc's (GOOG.O) Android -- such as Samsung's (005930.KS) Galaxy -- are providing heightened competition just as a new CEO, Tim Cook, takes the reins. Jobs, who died on Wednesday after a long battle with pancreatic cancer, ceded the top job to Cook in August. Some analysts say people seeking to commemorate the legacy of Apple's iconic co-founder may scoop up the very last iPhone to be unveiled in his lifetime, giving sales a bump. Apple was not immediately available for comment. Sprint iPhone sales were not mentioned during a an unrelated news conference by Spring on Friday. Shares in Apple were holding steady at $370 in after-hours trade. (Reporting by Abhishek Takle in Bangalore and Edwin Chan in Los Angeles; Editing by Gary Hill and Carol Bishopric) Technology Media Steve Jobs Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) Sinbad1 wrote: So everybody is broke and they can’t pay their mortgage, but they have to stay ahead of the fashion curve and have the latest trendiest phone, makes perfect sense. Oct 07, 2011 10:10pm EDT  --  Report as abuse Eideard wrote: So, Wall Street analysts and TV Talking Heads obviously know as much about smartphones – and the device which sets the standard – as the stereotypical non-user who doesn’t comprehend function, form or increased power and efficiency. Current waiting list states 1-2 week waiting list when delivery begins. Oct 08, 2011 7:33am EDT  --  Report as abuse See All Comments » Add Your Comment Social Stream (What's this?)   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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