CEO Tim Cook said demand for the new phones has been “incredible” and noted that the company sold out its initial supply of the iPhone 5S, although stores continue to receive new phones regularly. The news was welcomed by Wall Street and Apple closed up 5 percent on Monday. It also upped its Q4 revenue forecast from $34 billion to $37 billion.
The rollout was helped by the fact that China was included in the launch from day one. The new iPhones launched in 11 countries, whereas the iPhone 5 launched in nine countries. However, Apple is still not saying anything about iPhone 5C sales. The nine million figure combines the iPhone 5S and 5C, so there is no way of telling how the new unapologetically plastic iPhone is doing.