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As new iPhone 6s/Plus set new all-time smartphone sales record, Apple shares decline

“For Apple, iPhone 6S sounds like success,” Patrick Seitz reports for Investor’s Business Daily. “The Cupertino, Calif.-based company announced Monday that it sold more than 13 million iPhone 6S and 6S Plus models in their first three days of retail availability.”

“That beats the previous record of 10 million units, set last year during the opening weekend of iPhone 6 sales,” Seitz reports. “Apple beat Wall Street’s sales target of 12 million iPhone 6S units for the opening weekend, FBR analyst Daniel Ives said in a research report Monday,” Seitz reports. “”

“Investors appeared unimpressed with Apple’s iPhone 6S sales figure,” Seitz reports. “Apple stock was down 1%, near 113, in morning trading on the stock market today, though the major indexes were all down more than 1% or nearly 1%.”

Read more in the full article here.

MacDailyNews Take: We’re going to go out on a limb here and suggest that concern over the timing of a potential rate hike in the U.S. and worries over global economic growth are contributing more to the decline in AAPL shares than record iPhone sales.

SEE ALSO:
Apple’s iPhone juggernaut continues with record-breaking sales while Android peddlers fight over scraps – September 28, 2015
Apple sets all-time smartphone sales record with 13 million iPhone 6s/Plus units sold in first weekend – September 28, 2015

[Thanks to MacDailyNews Reader “Edward W” for the heads up.]

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