ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Mutual Funds
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » Technology News

Apple says initial quantities of iPhone 7 Plus sold out

  • Twitter
  • Facebook
  • GPlus
Apple says initial quantities of iPhone 7 Plus sold out
The Apple iPhone7 and AirPods are displayed during an Apple media event in San Francisco. Pic: Reuters
By Reuters
Updated: Thu, Sep 15, 2016
12:50 pm
San Francisco, Reuters
RELATED NEWS
Apple submits blueprint of foldable smartphone for patent Apple submits blueprint of foldable smartphone for patent
Apple teams with Ant Financial, banks for interest-free iPhone financing in China Apple teams with Ant Financial, banks for interest-free iPhone financing in China
Apple joins hand with Chinese payment giant Ant Financial for interest free financing Apple joins hand with Chinese payment giant Ant Financial for interest free financing
Apple slips to 17th spot in '50 Most Innovative Companies' list: Report Apple slips to 17th spot in '50 Most Innovative Companies' list: Report
Apple expected to refresh iPad, MacBook Pro line-up Apple expected to refresh iPad, MacBook Pro line-up

Initial quantities of the iPhone 7 Plus have sold out globally as Apple Inc prepares to roll out its new gadget in stores, the company said Wednesday.

Supplies of the larger size of Apple`s new phone have been exhausted in all shades, and the smaller iPhone 7 has also sold out in the new jet black color, the company said.

Customers who enter Apple Stores Friday, when the gadgets hit shelves, will not be able to purchase the sold-out phones on site, but they can continue to place orders for their desired models online, Apple said.

"We sincerely appreciate our customers` patience as we work hard to get the new iPhone into the hands of everyone who wants one as quickly as possible," Apple spokeswoman Trudy Muller said in a statement.

Apple launched the new phones at a San Francisco event earlier this month. The gadgets feature improved cameras and eliminate the traditional headphone jack in favor of new technology. 

Breaking with tradition, the company will not release first-weekend sales of the iPhone 7 and 7 Plus, saying the figure is more a reflection of supply than demand. 

The decision sparked concerns among some on Wall Street, where many fear sales of the iPhone, a critical product for Apple, may be leveling off. But U.S. wireless carriers Sprint Corp and T-Mobile US Inc said on Tuesday they received strong pre-orders for the iPhone 7, sending Apple shares up.

"Based on everything I`ve seen it looks like demand is very strong," analyst Jan Dawson of Jackdaw Research wrote in an email.

The 5.5-inch iPhone model, known as the Plus, has sold out soon after launch since Apple introduced the size with the iPhone 6 in 2014. Phones in newly released finishes are also typically snapped up quickly by customers eager to showcase the latest iPhone design.

TAGS:
AppleiPhone 7TechnologySmartphonesTim Cook
RELATED NEWS
Apple submits blueprint of foldable smartphone for patent Apple submits blueprint of foldable smartphone for patent
Apple teams with Ant Financial, banks for interest-free iPhone financing in China Apple teams with Ant Financial, banks for interest-free iPhone financing in China
Apple joins hand with Chinese payment giant Ant Financial for interest free financing Apple joins hand with Chinese payment giant Ant Financial for interest free financing
Apple slips to 17th spot in '50 Most Innovative Companies' list: Report Apple slips to 17th spot in '50 Most Innovative Companies' list: Report
Apple expected to refresh iPad, MacBook Pro line-up Apple expected to refresh iPad, MacBook Pro line-up

LATEST NEWS

DigiLocker benefits: Drive, travel or get entry at airports without carrying ID proof

7th Pay Commission: Government forms committee to look into pay hike demand of these 2.5 lakh employees

Income Tax Payment 2019: Got an expensive gift? Here's why you should keep a documentary proof

Loan against LIC policy: Get money fast at very low interest rate

Public Provident Fund Investment: How to turn Rs 416/day into Rs 43 lakh, save income tax

ESIC latest decisions: Contribution rates for employees, employers reduced; income limit for medical benefits raised

Oppo plans USD 1.5 bn investment in R&D with focus on 5G; to ramp up India hiring

HDFC National Pension System calculator: How much you can get with Rs 2000, Rs 5000, Rs 10,000, Rs 12,500 per month investment

SBI Sukanya Samriddhi Yojana Account: Opening process, benefits, withdrawal rules explained

Gully Boy box office collection: Ranveer Singh-Alia Bhatt film enters Rs 100-crore club

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • Amazon Prime Day
  • Income Tax
  • Bharti Airtel
  • NPA
  • Home Loan

Trending Topics

  • Farm Loans
  • 7th Pay Commission
  • Sanitary Pads
  • National Stock Exchange
  • GST

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved