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JP Morgan: No tail-off in iPhone 4S demand following initial pre-order surge

“One million first-day iPhone 4S preorders was just the beginning,” John Paczkowski reports for AllThingsD.

“Early Monday morning, Apple announced that preorders of the iPhone 4S topped one million in the device’s first 24 hours of availability, easily surpassing the previous record of 600,000 for the iPhone 4,” Paczkowski reports. “While it’s obviously too early to say definitively, it’s already starting to look like fourth-quarter iPhone estimates are too conservative.”

Paczkowski reports, “According to analysts, demand for the 4S has essentially been unceasing since preorders began. ‘Our conversations with industry contacts suggest that demand has not waned following the initial surge of pre- orders,’ says J.P. Morgan analyst Mark Moskowitz. ‘There has been no tail-off in order activity…'”

Read more in the full article here.

Related articles:
Analysts see 3 million iPhone 4S units sold in first weekend; 25 million in holiday quarter – October 10, 2011
Apple’s iPhone 4S breaks single day pre-order record by a massive 400,000 units – October 10, 2011
Apple iPhone 4S smashes record with over one million pre-orders in first 24 hours – October 10, 2011

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