AT&T (T) Reports Record iPhone 4S Preorders
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Overall Analyst Rating:
NEUTRAL (= Flat)
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Revenue Growth %: +1.6%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 6.5%
Revenue Growth %: +1.6%
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AT&T (NYSE: T) has seen extraordinary demand for Apple's (Nasdaq: AAPL) iPhone 4S with more than 200,000 preorders in the first 12 hours alone, the most successful iPhone launch AT&T's ever had.
In addition to AT&T, demand has reportedly been so strong that the Apple has sold out of its pre-order stock of iPhone 4S and is now promising the device to buyers in 1 to 2 weeks, the San Jose Business Journal reported.
The news is especially promising since three U.S. carriers now offer the iPhone - AT&T, Verizon (NYSE: VZ) and now Sprint (NYSE: S).
The device will hit stores this Friday, October 14.
In addition to AT&T, demand has reportedly been so strong that the Apple has sold out of its pre-order stock of iPhone 4S and is now promising the device to buyers in 1 to 2 weeks, the San Jose Business Journal reported.
The news is especially promising since three U.S. carriers now offer the iPhone - AT&T, Verizon (NYSE: VZ) and now Sprint (NYSE: S).
The device will hit stores this Friday, October 14.
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