iPhone 5 sets pre-order sales record

sales for iPhone 5As the day died down and the smoke cleared, Apple was stocked with pre-orders for their new iPhone 5.

Greatly exceeding their initial forecast, Apple had about 2 million iPhone 5 pre-bookings in just 24 hours after it was unveiled.

The Cupertino based company’s shares rose to $700 per share gaining about 22% in just 3 and ½ months.

The company said that pre-orders greatly exceeded the current supply but quickly informed those who ordered that some would be receiving their orders as planned but some would be receiving theirs next month.

The previous record for pre-order sales of an iPhone is the 1 million booking of the iPhone 4S.

This is a great sign for Apple as the year is closing and the Holiday season is looming. This could be a huge quarter for company and could set records.

Barclays analysts Ben Reitzes said, “The pace of this iPhone 5 roll-out is the fastest in the iPhone’s history and points to a big December quarter.”

AT&T has also said that the iPhone 5 is the fastest selling iPhone they have ever offered to their subscribers.

Verizon and Sprint on the other hand are also having difficulty in delivering their iPhone preorders, as the two companies are also going to have delays in delivering the new device to their owners.

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Apple users most loyal among other consumers

An analyst from Robert W. Baird conducted a survey studying individuals’ desire to purchase the rumored iPhone 5 by Apple and it seems like, if the survey results are correct, that sales will soar for this much awaited product.

According to William Power of Robert W. Baird, among the 2,000 individuals who were surveyed, 39% of them are set to upgrade their devices and an additional 6% of them will be eligible in the coming months.

45% of those who are set to upgrade said that they will purchase an iPhone. This includes those who are holding on to their phones in their desire to purchase the iPhone 5.

22% of those set to upgrade said that they will buy an Android device, while 31% are still undecided on what unit to buy.

Power also noted that amongst all consumers, iPhone users are the most loyal of them saying that 77% of them are planning to purchase another iPhone once a new one will be available or if they are already eligible.

On the other hand, 48% of Android users are only loyal to the product. While 2% of BlackBerry users said that they would buy another Blackberry.

So what are you among the aforementioned individuals?

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