“Yesterday, Chinese iPhone 6 reservations were stated as 2 million in six hours, a rather stunning statistic. Today, an update from the Chinese media press Tencent now says that reservations have topped 4 million,” Benjamin May reports for 9to5Mac.
“If all these reservations convert into orders, China alone may beat out the iPhone 6’s launch numbers, which — at the time — were considered to be impressive,” Mayo reports. “According to the report, Jingdong has seen 1,106,379 reservations for the iPhone 6 and 1,189,083 for the iPhone 6 Plus. As many expected, the 6 Plus has a slight edge in the appeal for Chinese custom but it is close.”
Read more in the full article here.
MacDailyNews Take: YKBAID.
[Thanks to MacDailyNews Readers “Lynn Weiler” and “Bill” for the heads up.]
Related article:
Preorders for Apple’s iPhone 6/Plus in China surpass 2 million in first 6 hours – October 2, 2014
Expert: Record preorders for Apple’s 64-bit iPhone 6/Plus spark envy of Samsung, other iPhone copycats – September 15, 2014
Apple sets new record: First day preorders for 64-bit iPhone 6/Plus top four million units – September 15, 2014
Go ahead wall st, short Apple all you like – Dare you .
They will push down the stock. They are selling their shares. Maybe those of the pensions and investors they are managing. Meanwhile they are protecting the class they have sold, the short on the calls .
The Feds will allow it.
It’s all option betting that will pass with expiration dates.
The reality will then still be that Apple is kicking serious ass everywhere!
I think a lot of firms screwed up big time. They either thought the smartphone market was saturated, the FUD would kill demand, the design of the new devices wasn’t compelling enough, etc, etc. As a result, they placed net short bets. Unfortunately for them, demand this year is much higher than last year, so they are in a panic. Deutsche Bank’s stock is already down 34 percent since the beginning of the year. So, maybe the downgrade and all the FUD from the Financial Times about taxes was designed to save some of these short positions.
The reality is demand of the iPhones appears to be at least twice as strong as last year. The stock won’t be held down for much longer.
How about them AAPLs Deutsche Bank?
this is great
The Deutsche Bank analyst said there was little upside surprise and that iPhone 6 is already priced into the stock. Surprise – NO ANALYST expected that the 6 Plus was going to dominate sales over the iPhone 6 and that the average selling price and the profit margin is enough to throw off predictions for Q4 earnings.