Hundreds queue up in Sydney for Apple iPhone X launch

Image Vicky Leta  Mashable

"Apple's year-over-year revenue growth rate accelerated for the fourth consecutive quarter and drove EPS growth of 24 percent in the September quarter", said Luca Maestri, Apple's CFO.

Apple's having a good run.

Analysts have been eager to see whether Apple will be able to balance supply and demand for the iPhone X during the crucial holiday quarter, with most saying it will likely take Apple until next year or early spring to do so.

Rosenblatt Securities also has reason to believe that Apple processed more than six-and-a-half million pre-orders, including some registrations without payment, for the iPhone X in China over the first three days.

The iPhone X officially goes on sale tomorrow, and die-hard fans are already lining up at Apple Stores around the country.

You can pre-order the iPhone X through Apple's website.

Sony's Pet Dog for the Super Rich Returns
Two months later, it started a venture capital fund called Sony Innovation Fund aiming at A.I. and robotics startups. Aibo will launch in Japan in January for 198,000 Yen ($1740) but there's now no word on a global release.

Apple's stock has risen about 26 percent per year on a compound basis since the start of 2007, a trajectory that - based on its current shares outstanding - could see it reach a market capitalization of $1 trillion in mid-2018. Revenues were up 12 per cent to US$52.6 billion.

"I saw many friends were posting pictures of themselves successfully ordering the iPhone X, so I cancelled mine", said Tony Tong, 29, a product manager at a tech firm in Beijing, who said he had ordered four phones in the hope of re-selling them for a profit. "We are expecting the iPhone X sales will commence in the evening this year as well", he told IANS.

Initial reviews of the iPhone X called it the best iPhone yet, although some reviewers pointed out potential glitches in FaceID, the company's new face recognition system. However, they will also have the most customers. iPhone product launches have become showstopping spectacles at Apple Stores with thousands of fans eager to be part of the atmosphere and excitement.

Even with the iPhone X's delayed release, Apple is still struggling to catch up.

When contacted, a representative from iWorld from Kamla Nagar said they did not have any iPhone X stock yet. But it forecast profit next quarter, which is traditionally its largest for sales due to the holidays, for somewhere between $84 billion and $87 billion. Surprisingly, that's not the fastest-growing category for Apple - that would be the "other products" category that includes hardware like the Apple Watch, AirPods and Apple TV. That would be slightly better than the same time previous year.

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