September 22, 2012
Apple's (NASDAQ: AAPL ) iPhone 5 dropped yesterday, and extrapolating from historical pre-sale data, weekend sales are expected to hit 8 million.
The iPhone 4S sold 1 million pre-orders in its first 24 hours, while the iPhone 5 sold 2 million in the same amount of time. During its opening weekend, the 4S sold 4 million units, leading to the staggering prediction for the iPhone 5's first weekend. The bottom line here is that this is going to be a huge seller -- probably Apple's most popular device ever -- and a huge growth driver for the company.
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