Electronics, Iphone Sales | featured news

Apple Inc said on Monday it sold 4 million iPhone 4S in the new smartphone's first three days on the market, setting up a strong December quarter for the world's largest technology company. Helped by availability in more countries and on more telecommunications carrier networks, the iPhone 4S, which went on sale on Friday, October 14, managed to outshine the iPhone 4, which sold 1.7 million over its first three days.

Apple Inc. said Monday that it sold more than 1.7 million units of its new iPhone model in the first three days, making it the most successful product launch in the company's history from the standpoint of sales...

Blockbuster iPhone sales helped Apple Inc. blow past Wall Street's expectations with a 90 percent leap in net income for the most recent quarter. Shares of the company skyrocketed to an all-time high in extended trading Tuesday.

Apple said it sold a record 8.8 million of its popular iPhone smart phones in the three months that ended March 27, more than double the number sold a year ago. Revenue from the phones made up 40 percent of Apple's total revenue. The previous high was 8.7 million phones sold in the October-December quarter last year.