Apple Stock Hit Followed by Best Sales Yet

In recent days the sales of the Iphone 5s and 5c are much higher than critics and doubters could ever have anticipated. When the two products were showcased the Apple stock (AAPL) took a hit in fear that the lower end plastic model was still too expensive. This drop came due to analysts hoping that Apple would produce a product more tailored to the cheaper end of the smart phone market, to compliment the original model and compete with the lower end androids which are huge in China. The fear was that a large portion of the Chinese market would still not be able to afford the lower end 5c. Apple however ignored this criticism and opted to price the 5c at $550 in the US instead of an optimal $400.

As we soon found out, contrary to doubt the two models were a massive hit. Apple broke their personal records in phone sales by nearly double with 9 million sales over the weekend compared to the 5 million the 5 brought in opening weekend. Since than the stock has returned to higher than original and the company has overcame any and all speculation.