All demand, but no supply!
24 hours after being launched in India, retailers sold out of the iPhone 5s — leading to retail chains asking for replenished stocks, following an unprecedented demand for the new smartphone.
Projected sales for the iPhone 5s hadn’t been high, considering its high price and launch date at the same time as the lower-cost Nexus 5. As a result, only around 6,000 units were supplied by Apple, all of which quickly vanished off shelves. iPhone 5c models are still available, and fresh stocks of the 5c are expected to be available from Wednesday.
Source: Times of India
Luke Dormehl is a U.K.-based journalist and author, with a background working in documentary film for Channel 4 and the BBC. He is the author of The Apple Revolution and The Formula: How Algorithms Solve All Our Problems … and Create More, both published by Penguin/Random House. His tech writing has also appeared in Wired, Fast Company, Techmeme and other publications.
