Apple shares rose $1.17 (+1.11%) to $106.61 in premarket trading Tuesday.
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Apple’s iPhone 7 and iPhone 7 Plus smartphones, which were unveiled September 7 and have been open for preorders since September 9, are seeing healthy preorder numbers so far, according to reports from mobile carriers T-Mobile and Sprint.
T-Mobile Chief Executive John Legere declared demand for the iPhone 7, stating that the pre-orders of the smartphone are four times that of the iPhone 6.
Folks who had opted for the iPhone Upgrade have been dejected as they could not book the iPhone 7 and the 7 Plus on the launch day. According to Argus, the company can see a similar recovery for iPhone 7 as well since many positives aren’t reflected in the share price.
Apple unveiled the iPhone 7 and iPhone 7 Plus with faster processors on last Wednesday.
This year, Apple killed the headphone jack.
No matter what your opinion is on the iPhone 7’s AirPods, one concern that’s on everyone’s minds is how people are going to stop themselves from losing the accessory without helpful wires to keep track of their location. This, the firm believes, offers a “huge pool of potential upgrades”, whereby these users can now easily upgrade to a newer and more efficient iPhone 7. In the past 12 months, Apple stock returned a dismal -6.1%.
Apple smartphone owners aware of Apple’s new iPhone 7 say they’re unlikely to purchase the handset at its sales launch this Friday, according to a new Morning Consult survey.
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Apple’s (NASDAQ:AAPL) new iPhone 7 goes on sale this Friday. The new model has an nearly unchanged exterior design and lacks a sufficiently compelling new feature to attract hoards of current iPhone owners to upgrade, the analysts have said. New features being introduced with the devices include water and dust resistance, redesigned cameras, a power upgrade with the addition of the A10 Fusion chip and “the best battery life ever in an iPhone”.
