Apple’s revenues from the iPhone 5 has amounted to roughly $3.75 billion in the first three days after the device hit the market on Friday, September 21.
This is how I arrived at the above sales figure of $3.75 billion.
First, I took into consideration Apple’s announcement today that it sold five million units of the iPhone 5 between launch day September 21 through September 23.
Second, I looked at the prices of the iPhone 5.
Apple sells three models of the iPhone 5 with different storage capacities – $649 (16GB), $749 (32GB) and $849 (64GB). (In the U.S., carriers like AT&T and Verizon Wireless sell the iPhone 5 for $199-$399 to consumers in exchange for pricey two-year contracts.)
In my opinion, the majority of consumers will be buying the 32GB or 64GB versions of the iPhone 5 given all that junk (music, videos, pictures, books etc) they store on their devices.
Since Apple must have also sold some units of the lower-priced 16GB model and to also account for slightly lower priced sales through partner sites like Best Buy, Target etc, I have taken $749 as the average selling price.
Voila, $3.75 billion in the first three days.
But not all iPhone 5 units have been shipped to customers.
Apple claims that while the majority of pre-orders have been shipped to customers, many are scheduled to be shipped in October.
iPhone 5 Complaints
By the way, several iPhone 5 customers are complaining about receiving scratched/damaged units.
Not a good omen since the anodized aluminum that Apple uses for building the iPhone 5 body/case is not as resilient as the stainless steel used in the iPhone 4 or iPhone 4S.
But a lot of Apple fan boys are masochists who deserve the whipping they get.
I have used the iPhone 4 for over two years and the outer body is still in darn good shape (I also use the Ballistic case for the iPhone 4).
Then there’s the crappy Apple Maps that’s getting withering scorn from users.
As usual, Apple is tooting its horn that demand for iPhone 5 exceeded the initial supply.
iPhone 5 is currently ‘available’ in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Singapore and the UK, and will be available in 22 more countries on September 28.
Over 100 countries will be peddling the iPhone 5 by the end of the year.
There was a small chat on Apple vs Samsung. It is amazing how the fan boys defend the products. Apple fans are no better than Ajith fans except that Apple products are far better, more expressive and life-like than Tharu-Thalai.
One of them brought up Lumia and Windows phone and got laughed away.
After the iPhone 5 Maps fiasco and reports of problems with the case, I’m seriously thinking of getting an iPhone 4S (one generation older than iPhone 5 and one generation newer than my iPhone 4) for its better camera and Siri.
iPhone 4 has a 5-megapixel camera while 4S has a 8-megapixel camera.
Just $99 (16GB) for a new iPhone 4S. No lines anywhere and available right now. 😉
If Steve Jobs was still around calling the shots then would he have released the new iPhone with the reportedly crappy maps?
Is this a sign of what Apple is going to miss?
I have no idea what Steve Jobs would have done.
But I’m glad the sick, mean SOB met his maker early.
He was a beast who treated his employees very badly.
Alas, the world deifies such animals. 🙁
SI said: “But I’m glad the sick, mean SOB met his maker early.
He was a beast who treated his employees very badly.”
Were you sarcastic when you said those lines???? And all these days, I thought you were a hardcore Steve Jobs fanatic.
Let’s face it, Steve Jobs was one of the greatest assholes in Business History, but he was certainly not the first nor the last one. At least Steve was a TALENTED asshole unlike Steve Ballmer, who was rumored to have a thrown random objects at employees during meetings.
Btw, I am glad too that he met his maker. Even though I can forgive him for being an asshole to his employees, his activities in personal life were no better. If I am not wrong, he went so far as to claim that he was impotent just to ensure that his daughter, Lisa, does not get paternity!!!
Sweetie, I was not sarcastic.
Unfortunately, throughout history the hoi polloi have always genuflected before the altar of assholes.
SI is not a hardcore fanatic about anything except the pre- and postprandial drinks in evening. 😉
Nice… we can all start feeling glad when some unrelated fella we dislike or disagree with dies!
I am no fan of Ballmer or Jobs or Gates but he is not a moron to be at the helm of the worlds largest software company.
He may not have the aura or charisma of some of the other celebrity business leaders but running a huge corporation successfully is no mean achievement.
1. Good lord, since when did chutias start getting a free pass just because their hearts stopped beating!
2. You write: I am no fan of Ballmer …. but running a huge corporation successfully is no mean achievement.
Of course, playing eternal catch up and being so far behind Google on search is no mean achievement. OMG, Ballmer is so successful!
Of course, being so far, far behind Apple and Android on mobile phones or tablets is no mean achievement. OMG, Ballmer is so successful!
Of course, having a stock price of $30.27 (at 3:45PM ET today) that barely budges over 5+ years is no mean achievement when Google is at $756.03 and Apple is at $680.10. OMG, Ballmer is so successful!
MSFT – Jan 3, 2007 – 27.33 (adjusted close)
GOOG – Jan 3, 2007 – 467.59 (adjusted close)
AAPl – Jan 3, 2007 – $83.44 (adjusted close)
Source: Yahoo Finance
Of course, letting Google, Apple or the tech startups hire the crème de la crème of employees while you get the dregs is no mean achievement. OMG, Ballmer is so successful!
Hey, being Steve Ballmer, CEO of MSFT is “no mean achievement” given his lack of achievements in recent years other than to ride on Gates’ legacy and, of course, having the good fortune to be Gates’ friend.
I’m reminded of what Stalin once told Lenin’s wife. In a fury, the Russian leader told Lenin’s wife that just because she used the same toilet as Lenin didn’t make her great.
Similarly, just because Ballmer sits in the same chair that Gates once did doesn’t make his lack of achievements ignorable.
Larry Page and Timothy D. Cook must be thanking their stars every day that Steve Ballmer is
runningruining MSFT “so successfully.”
And that, sweetie, is no mean achievement.
//1. Good lord, since when did chutias stop getting a free pass just because their hearts stopped beating!//
//Your response on Microsoft//
I am in no mood to argue with you because I am watching this landmark speech.
1. The first ‘stop’ should read start. Fixed. Thanks.
2. My life’s ambition is to see T.Rajendar and Manmohan Singh debate each other on the topic Taking India Forward. 😉