» Want to pre-order the iPhone 4s in Hong Kong? Too late. You’re stuck waiting in line. The phone will be available in stores this Friday and analysts are expecting “long lines and serial stock outs.” It’s a good sign for when the phone hits mainland China — a date for which has not been announced. It’s led to a black-market Apple-smuggling industry between Hong Kong and China, which is likely to only continue with the iPhone 4S
» But they’re not so worried: Parsing the present-day meaning of past quarter business reports can be a sketchy task, especially considering that in Apple’s case, the recently released iPhone 4S is expected to lend a surge to their profits, though that won’t come across until the current quarter’s figures come out. (One company official specifically blamed iPhone 5 rumors for hurting the company’s bottom line.) And despite the dip in share prices, Apple’s actual business in the 3rd quarter was yet robust; profits increased by 54%, and sales went up 39%. And since we’re talking Apple, we’d be remiss not to mention also that there’s a Steve Jobs memorial exclusively for employees that’s happening today; Apple’s Cupertino campus is hosting, and Apple stores nationwide will be closing for the duration to allow staff to watch.
The iPhone 4s has sold 4 million units since friday. PCMag has a few ideas why Apple’s latest product has done so well so soon. There was hype surrounding the 4S, as there usually is with a new Apple product; rumors floated all summer about the phone, giving it an air of mystique. Add that to the passing of Steve Jobs, and you have a good amount of buzz. The phone is now available on more networks and in more countries, two demographics that the iPhone 4 didn’t have for its release. Plus, owning an iPhone comes with some sort of blood contract, right? source