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iPhone 7 Opening Weekend: T Mobile, Sprint Report Strong Demand

iPhone 7 Opening Weekend: T-Mobile, Sprint Report Strong Demand

By Reuters | Updated: 14 September 2016 09:57 IST

Highlights

Sprint said pre-orders were up nearly four times, compared to last year
Pre-orders also rose nearly four times at T-Mobile
The companies did not disclose specific sales numbers

US wireless carriers Sprint Corp and T-Mobile US Inc said on Tuesday they received strong pre-orders for Apple's iPhone 7, sending shares of the world's most valuable listed company up 3 percent.

(Also see: iPhone 7, iPhone 7 Plus First Impressions)

Sprint said pre-orders were up nearly four times, compared to last year. Pre-orders also rose nearly four times at T-Mobile, compared with its next most popular iPhone.

However, the companies did not disclose specific sales numbers. Pre-orders started on Friday.

Details about sales of the new iPhone are scarce after Apple announced last week it would not release weekend sales data, saying the number was more a reflection of supply than demand.

(Also see: iPhone 7 Launch Event: 10 Big Announcements)

"While the iPhone 7 update is more revolutionary than evolutionary, we believe investors could consider these strong early pre-order indications as being reflective of the impact of Apple's significant iPhone installed base expansion over the past few years," Stifel analyst Aaron Rakers said in a note.

Rival carriers AT&T Inc and Verizon Communications Inc were not immediately available for comment.

Apple's shares were up 2.8 percent at $108.19 in morning trading. Up to Monday's close, they had fallen 2.1 percent since the iPhone 7 was launched on Wednesday.

(Also see: iPhone 7 and iPhone 7 Plus Camera: Top 7 Features)

© Thomson Reuters 2016

Apple iPhone 7

REVIEW
KEY SPECS
NEWS
Variants

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Best-in-class performance
Good battery life
Improved cameras
iOS 10, timely updates

Bad
Low light camera performance not best in class

Read detailed Apple iPhone 7 review

Display 4.70-inch

Processor Apple A10 Fusion

Front Camera 7-megapixel

Rear Camera 12-megapixel

RAM 2GB

Storage 32GB

Battery Capacity 1960mAh

OS iOS 10

Resolution 750x1334 pixels

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Choose a variant

Apple iPhone 7 Plus

REVIEW
KEY SPECS
NEWS
Variants

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Great performance
Dual camera
Excellent battery life
Improved cameras
iOS 10, timely updates

Bad
Low light camera performance not best in class
Expensive
Ungainly

Read detailed Apple iPhone 7 Plus review

Display 5.50-inch

Processor Apple A10 Fusion

Front Camera 7-megapixel

Rear Camera 12-megapixel

RAM 3GB

Storage 32GB

Battery Capacity 2900mAh

OS iOS 10

Resolution 1080x1920 pixels

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Choose a variant

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