Apple’s (AAPL) iPhone 7 Just Hit Stores
The iPhone 7 and iPhone 7 Plus from Apple are here and they are ready for purchase.
Apple fans lined up out the door in Hong Kong who were among the first in the world to get the phone. Apple’s London store in Covent Garden had a few people waiting on the sidelines while CEO Tim Cook appeared at Apple’s Palo Alto store on Friday as per tradition.
According to Piper Jaffray analyst Gene Munster, he estimates that the iPhone 7 launch line at Apple’s flagship 5th Avenue store in New York City was around 400 people, versus 650 for the iPhone 6s and 1,880 for the iPhone 6.
Muster also believes that demand remains strong, according to a research note, since pre-order commentary was positive.
Disclaimer: We have no position in Apple Inc. (NASDAQ: AAPL) and have not been compensated for this article.