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iPhone 5 Units Sold Reached 5 Million, Didn’t Meet Analysts Expectations

Apple, as we all expected, had a fantastic launch weekend once again. The Cupertino based company managed to sell over 5 million iPhone 5 units just within the first days of the device’s arrival into the smartphone market. These are some really spectacular results that actually beat the iPhone 4S’s launch sales of 4 million. Still, it’s extremely less than what some analysts, Gene Munster included, have expected this weekend. Quite unfortunate, but selling 5 million units is still pretty huge.

Based on the amount of people that pre-ordered the device turned out to be 2 times the pre-orders from what the iPhone 4S was last year, the analysts were misled to believe that Apple will also be able to sell 2x more iPhone during the launch weekend. This ended up not happening, as stated above, but this isn’t really bad news for Apple at all, in fact, it’s completely the opposite. They still managed to beat their own record, and surely they’ll be selling a whole lot more over the coming months. The 5 million sales of the iPhone 5 actually might be a sign of a slowdown for Apple though. The increase of “just” 25% in sales over previous iPhone versions pales in comparison to how the iPhone 4S sold more than twice the units of the iPhone 4 during its launch weekend. Really, there could be a numerous amount of factors that play into this. It could be due to the fact that people are heading for Samsung phones, or are broadening their interests, it really isn’t something you can pin point. Whatever the case, here is what Apple CEO Tim Cook had to say on this matter:

Demand for iPhone 5 has been incredible and we are working hard to get an iPhone 5 into the hands of every customer who wants one as quickly as possible. While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date. We appreciate everyone’s patience and are working hard to build enough iPhone 5s for everyone. – Tim Cook, Apple CEO

Have you gotten an iPhone 5 yet? Are you looking forward to one? Let us know in the comments below!


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