Apple (AAPL) iPhone 7 Sales See Strong Start

September 13, 2016 - Baystreet.ca


Written by Ophir Gottlieb

PREFACE

In a Periscope last night, T-Mobile CEO John Legere said that Apple Inc. (NASDAQ:AAPL) iPhone 7 sales were four times higher thus far than they were for the iPhone 6. He called the iPhone 7 a "phenomenon." The company reported that the iPhone 7 set the record for most orders in a single day. Now, John is an eccentric guy and T-Mobile was a lot smaller two-years ago than it is today, so it makes sense that iPhone 7 sales are higher, but it reads like good news.

The news that has coupled with T-Mobile to move Apple Inc. (NASDAQ:AAPL) higher even in a big down day in the broader market came from Sprint which has reportedly (TheStreet.com) said that iPhone 7 sales are up roughly 375%, as well.

IS THIS REAL?

As you know, we believe this is real. We posted CML a Pro dossier on May 23rd entitled "Apple is Going to Smash Sales Forecasts."

Then, just one week ago we published "Apple iPhone 7 Demand Could Beat Expectations."

All of our dossiers are supported by industry polls and surveys, the earliest of which came from Goldman Sachs.

The author is long shares of Apple Inc. (NASDAQ:AAPL).

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