“Blowout sales of the new iPhone 5S and 5C, but particularly the former, have shown that the naysayers were way off,” Roger Kay reports for Forbes.

“With 9 million phones flying off the shelves in the first weekend, Apple was looking more like the company Steve Jobs began resurrecting in 1997,” Kay reports. “Sticking to a cautiously high-end (read: profitable) strategy, CEO Tim Cook placed the new products in market with unerring precision. Investors cheered on Monday. Apple shares are up $20, or 4.4%, so far today.”

Kay reports, “Despite mocking the iPhone 5C colors on Twitter, Nokia — really Microsoft — could not mask the fact that Apple made more revenue in one weekend of sales than the entire enterprise value of Nokia.”

Read more in the full article here.

Related articles:
Apple destroys smartphone sales record: First weekend iPhone sales top nine million units – September 23, 2013
Apple: iPhone 5 sales exceed five million units in first weekend; demand exceeded initial supply – September 24, 2012
iPhone 4S destroys sales record; over 4 million units sold in first weekend – October 17, 2011
iPhone 4 sales top 1.7 million in first 3 days; Steve Jobs apologizes for not having enough supply – June 28, 2010
Apple CEO Steve Jobs back on the job: Over 1 million iPhone 3G S units sold in first three days – June 22, 2009
Apple sells one million iPhone 3G units in first weekend – July 14, 2008