Speed Reads


Apple sold a record 4 million iPhone 6's in first 24 hours

It looks like Apple has another hit on its hands. On Monday, the company said that it sold four million of its new iPhones in the first 24 hours of pre-orders, starting on Friday morning. Two years ago, Apple sold about two million iPhone 5's in the first day of pre-orders, and five million in the first weekend.

"Assuming preorders are similar to the 40 percent of first weekend sales for the iPhone 5, this would imply iPhone 6/6 Plus first weekend sales could be around 10 million," predict Wells Fargo Securities analysts. The iPhone 6 Plus has sold out entirely, with a month's wait for delivery if you order now. Americans who didn't pre-order should be able pick up the iPhone 6 in stores starting Friday.