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Apple iPhone Duo Pre-orders Sold Out Early Amid Shipping Delays

TIKR ·

AAPL Apple Inc
$343.46 +0.43%
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  1. 1Apple stated that demand for the iPhone Duo is highly unusual.
  2. 2Short-term supply for the Duo is projected to be below 6 million units.
  3. 3Revenue is expected to increase due to the Duo's starting price of $1,999.

So what's the key point?

Apple iPhone Duo pre-orders ended early because sales were much higher than expected. While supply is projected to be below 6 million units, revenue is expected to increase due to the high starting price.

Source TIKR · View original ↗

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