Apple iPhone 5S Launch Sells Millions

Over the past weekend, Apple, Inc. sold nine million of its newest iPhones setting a new sales record for their first three days in retail outlets in the U.S. The initial supplies of the high-end model have sold out.

Apple also announced that over 200 million devices that were running on the iOS, are now operating on its new system the iOS7, the fastest software upgrade ever.

The new iOS7 is the first design overhaul of Apple’s mobile operating system that was first offered in 2007, that gave rise to the very popular apps industry.

Apple’s stock price was up 3.6% in Monday’s premarket trading. Through the close of trading on Friday September 20, the stock has increased by 13% over the last three months.

A break down by model was not given by Apple, as this is the first time it has offered a less expensive alternative to the high-end iPhone.

Two weeks ago the company unveiled its new models but did not move far from its form factors that have become so popular nor its pricing.

The newest generation, the iPhone 5S includes a processor that is faster, a camera with higher resolution and a fingerprint scanner for more protection.

Another less expensive version, the iPhone 5C,  has much of the same technology from the iPhone model from last year, but comes wrapped in a plastic casing that is offered in different colors.

The high-end version is offered in gold and the demand in Hong Kong and China has been so high that Apple has asked its suppliers already to increase their production number of that particular model, citing those close to the matter.

The worldwide market of smartphones continues to increase and Apple has lost some of its market share, particularly outside the United States.

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