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Sprint, T-Mobile: iPhone 7/Plus pre-orders up 4X over last year; Apple shares surge

“U.S. wireless carriers Sprint Corp. and T-Mobile US Inc. said on Tuesday they received strong pre-orders for Apple Inc’s (AAPL.O) iPhone 7, sending shares of the world’s most valuable listed company up 3 percent,” Reuters reports.

“Sprint said pre-orders were up nearly four times, compared to last year. Pre-orders also rose nearly four times at T-Mobile, compared with its next most popular iPhone,” Reuters reports. “The companies did not disclose specific sales numbers. Pre-orders started on Friday. Details about sales of the new iPhone are scarce after Apple announced last week it would not release weekend sales data, saying the number was more a reflection of supply than demand.”

“‘…We believe investors could consider these strong early pre-order indications as being reflective of the impact of Apple’s significant iPhone installed base expansion over the past few years,” Stifel analyst Aaron Rakers said in a note,'” Reuters reports. “Apple’s shares were up 2.8 percent at $108.19 in morning trading.”

Read more in the full article here.

MacDailyNews Take: Gee, and they don’t even have anachronistic 3.5mm headphone jacks! 😉

YKBAID.

SEE ALSO:
Mossberg reviews Apple’s iPhone 7/Plus: It’s a great phone, but where’s my headphone jack? – September 13, 2016
The Verge reviews Apple’s iPhone 7/Plus: ‘The future in disguise’ – September 13, 2016
Customers begin queueing for Apple’s iPhone 7 five days ahead of release; pro line-sitters charging thousands to save a spot – September 13, 2016
No headphone jack? No problem: How to listen to music while you sync and charge your new iPhone 7/Plus – September 8, 2016

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