Apple: Record 4 million orders of iPhones on 1stday

[Dinesh jain]

Apple had more than 4 million advance orders of
its new iPhones in the first 24 hours, exceeding
its initial supply, the company said on Monday.
The company said the iPhone 6 and iPhone 6
Plus will be delivered to customers starting
Friday and throughout September, but many
won't be delivered until October.
Phones will still be available Friday on a walk-in
basis at Apple retail stores and from various
wireless carriers and authorised Apple resellers.
Apple's website had intermittent outages last
Friday because of heavy traffic as orders began
online. The company said the 4 million orders
set a new 24-hour record.
It did not immediately say what the old record
was. Last year, Apple sold 9 million phones in
the first three days they were on sale.
The new phones were announced last week and
have larger screens, faster performance and a
wireless chip for making credit card payments at
retail stores by holding the phone near the
payment terminal. The phones start at USD199
with a two-year service contact.
The phones will initially be available in the US,
Australia, Canada, France, Germany, Hong Kong,
Japan, Puerto Rico, Singapore and the UK
Availability will expand to more than 20
additional countries a week later.
A free update to Apple's iOS software for phones
will be available to existing users on Wednesday.
The new phones will come with that update, iOS
8.
Apple's stock rose 30 cents to USD 101.96 in
midday trading on Monday.

Apple: Record 4 million orders of iPhones on 1st day