Pre-orders for iPhone X sell out in minutes

29 October, 2017, 03:57 | Author: Yolanda Murray
  • VIDEO: Pre-orders for iPhone X sell out in minutes

The professional survey, performed by consulting firm Reticle Research between September 28th to October 10th, included 1,520 people nationally representative of the US, based on 2016 US Census estimates, and can, therefore, be assumed to be more representative of the average US resident than the average tech buyer. They all have Apple Macs, they all have iPhones, and, generally speaking, they all love Apple, and particularly the clicks than an iPhone story generates. But the patent comes as the company released the iPhone X, which is only available for preorder in silver and "space gray", not the gold or rose gold colors that were available in earlier models. Royal Bank Of Canada upped their target price on Apple from $176.00 to $180.00 and gave the company an "outperform" rating in a research report on Friday, September 1st. During the same quarter in the previous year, the company posted $1.96 EPS. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Piper Jaffray Cos. reiterated an "overweight" rating and issued a $153.00 price target on shares of Apple in a research report on Tuesday, July 26th. The shares were sold at an average price of $154.70, for a total value of $8,788,197.60. The stock was sold at an average price of $157.58, for a total transaction of $5,515,300.00. The business's revenue was down 9.0% on a year-over-year basis. Apple now has an average rating of "Buy" and an average price target of $193.05. Insiders have sold 541,177 shares of company stock valued at $85,864,804 over the last three months.

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The full survey can be seen at the Verge here.

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Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The more iPhone X units Apple is able to get out the door means the company is ramping up its supply faster than it initially estimated.

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