Apple sells nine million new iPhones on first weekend

    11:31 AM, Sep 23, 2013   |    comments
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    People waiting to purchase the new Apple iPhone 5S and 5C are reflected in the window of the Apple Store at the Americana at Brand shopping complex in Glendale, California, September 20, 2013. Apple launched two new models of the iPhone today - the iPhone 5S, which is an updated version of the iPhone 5, and a less expensive version, the iPhone 5C. AFP PHOTO / Robyn Beck

    Apple said Monday it sold a record nine million new iPhone 5s and iPhone 5c models during the first weekend the devices went on sale, topping Wall Street expectations and sending the company's shares higher in early trading.

    Demand for the iPhone 5s exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks, the company added.

    "The demand for the new iPhones has been incredible, and while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly," said Tim Cook, Apple's CEO.

    Investors were expecting first-weekend sales of between six and eight million.

    Apple shares jumped 3.7% to $484.60 in pre-market trading Monday.

    "We had expected about six million over the opening weekend and view this as a very strong number," said Brian Marshall, an analyst at ISI Group.

    Apple also said Monday that more than 200 million iOS devices are now running its new iOS 7 mobile operating system, making it the fastest software upgrade in history. The company also reported that more than 11 million unique listeners have tuned in to iTunes Radio since launch.

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