Limited supply of the iPhone 5s during launch weekend may have led to a relatively even split of sales between Apple's new flagship model and the more affordable iPhone 5c, one well-connected analyst has said.
A new report issued Wednesday by research agency IDC predicts that Apple's share of the Chinese smartphone market will double in 2014 thanks to the introduction of the lower-cost iPhone 5c and an anticipated new carrier agreement with China Mobile, the world's largest wireless provider.
Industry observers had been snickering about a promise made by Apple's chief executive Tim Cook to "double down" on security, but a series of jaw-dropping surprises have proven that, outside of a steady stream of immaterial leaks, the company remains an opaque mystery to its competitors, to pundits and even to analysts tasked with understanding the inscrutable innovation factory.
The total build cost for Apple's new iPhone 5s is just under what it cost Apple to build its predecessor a year ago, according to a new report, while the iPhone 5c's total build cost likely allows Apple to grab a better margin.
The same day that Apple reported a record 9 million iPhone sales for its launch weekend, a Blackberry enthusiast writing for ABC News spun the numbers as "a cause for concern," while a Wall Street Journal blogger followed up with a warning not to read too much into it.
The new iPhone 5s positions Apple's flagship iPhone as a "forward thinking" high end luxury device priced the same as the model it replaces. It differentiates itself as a smartphone with an advanced new 64-bit processor architecture that powers a novel Touch ID fingerprint sensor and easy-to-use new camera features.
The launch weekend for the new flagship iPhone 5s and colorful iPhone 5c proved to be the most successful smartphone debut ever for Apple, with a record 9 million units being sold in the first three days.
Less than two days after Apple began its worldwide rollout of the iPhone 5s, the company's Online Apple Stores in each of the 11 countries participating in the phone's launch are showing stock outs until October.
Even as the iPhone 5s sells out in stores, a collaboration between a micro venture capital firm and a group of security researchers is offering a mix of cash, alcohol, and other goods to the first hacker that can crack the biometric security feature built into the device's Touch ID sensor.