Apple Inc. (NASDAQ:AAPL) is doing everything right


Dallas, Texas 09/24/2013 (Financialstrend) – Apple Inc. (NASDAQ:AAPL)’s iOS7 upgrade launch took place and faced a few launch-hiccups. But all that seems to have been sorted and reports have come in saying that 200M users have already upgraded their Apple devices to the latest OS. In comparison, only 100M devices were upgraded when last year’s upgrade was launched by the company, within the same period of time.

 In addition to this news was the news that a record 9 million iPhone 5S and 5C handsets were sold within the first 3 days of their launch. These handsets were launched in stores on Friday. All these developments bode well for the company and moving into the December quarter it seems like the company’s results will be bright.

 The 2 new entrants

The company did not really break down the sales numbers of the 2 new handset launches but there was some sales analysis that came in from Localytics. This site stated that in less than 3 days these 2 new iPhone models account for approximately 1.36% of all iPhones that were activated with the 4 top carriers in the United States. Now, around 1.05% of all iPhones in the country are said to be the iPhone 5S and the iPhone 5C accounts for 31% of total iPhone. No matter which handset it sells, the upper end 5S or the inexpensive 5C, Apple is definitely doing something right on the innovation front and consumers are taking notice.

 Monday’s trading

 In Monday’s trading session, Apple Inc. (NASDAQ:AAPL) stock rose by 4.97%. The opening price of the shares was $496.10 which climbed to an intraday high of $496.91 and dropped to close at $490.64. Approximately 27.22million shares were traded on Monday. An average volume of 15.28 million shares were traded over 30 days. The 52-week low of the shares is $385.10 while the 52-week high is $705.07.