Remember when I asked how the iPhone would do this time, especially with smartphone competition at an all-time high? I guess that was a silly question. This year’s batch of iPhone products breaks records…again!
Apple just announced they’re on pace to beat last year’s iPhone record. Apple’s stockholders are liking that news. This same statement said iPhone pre-order sales are very strong around the world. One blog says the wait time for the big iPhone 6 Plus is between 3-4 weeks. The iPhone 6S is expected to take between 2-3 weeks. Apple reports and blogs insists they’re doing the best they can to process pre-orders as fast as they can. They remind customers they can get the new Apple iPhone 6 Plus and 6S at their nearest physical Apple stores starting Friday, September 25. Sales in the US are doing well. But insiders are really impressed with pre-orders in China, despite the economic slowdown in that nation. The order wait time is particularly long there, and China seems to be leading the world in new iPhone 6 demand. Even during the Chinese stock market mayhem, Apple CEO Tim Cook told CNBC through email they’ve had strong economic growth in China.
There’s a lot that can be said about this. Apple definitely has a major, loyal fan base. I think we all knew that. But I’m totally shocked at China’s response at these new products. Have you seen the summer China had economically? Do you remember how much they lost in the stock market this summer? But yet China is virtually leading the world in new Apple iPhone sales. I’ve also read China has the biggest wealth inequality gap of any nation on Earth. If that’s truth, then who do you think is buying up these phones? The new iPhone 6’s don’t come cheap. So what does this scenario really tell you about China’s economy? Or am I reading too much into this?