Apple Sold 5.2 Million iPhones in Q3 2009, Can’t Make enough iPhone 3GS to Meet Demand

News | Wednesday July 29 2009 4:43 PM | Comments (0) Tags: , , , , , , , , ,

Sold 5.2 million iPhones in the third quarter and has reported that the response to the
has been so overwhelming that they are unable to make iPhone 3GS to meet demand. Apple is working to address the issue.
Significant acceleration in sales thanks to the price reduction on the 8GB iPhone 3G model.
iPhone produced $1.689 billion in revenue which is sequentially up 37 percent in units and 11 percent in revenue, but in
year-over-year results was a whopping 626 percent jump in units sold and
303 percent surge in revenue.
iPod Touch did extremely well this quarter thanks to the App Store which now has over 65,000
.
iPhone is producing “growing interest” thanks to iPhone OS 3.0 and iPhone 3GS which adds hardware encryption of data.
JD Power ranked the iPhone the highest in satisfaction with business users.
When questioned about 'race to the bottom' of App Store pricing, Apple mentioned that they are working on making further improvements to the
but clarified that it is up to the developers to choose where to set the price on an iPhone app.
Apple is working towards bringing iPhone to China, it's a priority project and expect it to happen within a year.
Apple continues to see its partnering with AT&T as an “excellent relationship”.
Congratulations to Apple again for another great quarter.
As always, please let us know your thoughts on Apple 's results.

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