A Big Weekend Ahead for the iPhone 5
Sep 22nd 2012 3:00PM
Updated Sep 22nd 2012 3:04PM
Apple's iPhone 5 dropped yesterday, and extrapolating from historical pre-sale data, weekend sales are expected to hit 8 million.
The iPhone 4S sold 1 million pre-orders in its first 24 hours, while the iPhone 5 sold 2 million in the same amount of time. During its opening weekend, the 4S sold 4 million units, leading to the staggering prediction for the iPhone 5's first weekend. The bottom line here is that this is going to be a huge seller -- probably Apple's most popular device ever -- and a huge growth driver for the company.
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The article A Big Weekend Ahead for the iPhone 5 originally appeared on Fool.com.Andrew Tonner and The Motley Fool own shares of Apple. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. Anand Chokkavelu has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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