Innovation and Quality Sells..Even in Recessionary Times
iPhone 3G S sales make me ask the question…is there really a recession? After all, who doesn’t already have a cell phone? According to The Times Online (as of June 23, 2009), “Apple Inc. sold more than a million units of its latest iPhone model in the first three days, making it the most successful debut for a smart phone yet”.
In September of 2007, the iPhone entered the market at $599 for the 8GB model and people stood in line for days to get one. I heard a report of one man, a pastor, who had a phone delivered to him and he commenced to break the phone open in order to see who the manufacturers of the component parts were. He wanted insight to know what stocks to invest in.
Apple reported that sales were up 88% in Q4 2008! Admittedly…people are losing jobs, but iPhone sales prove that opportunity yet abounds.
Two years later, the iPhone is exponentially faster, more flexible, and comes with 32GB for just $299. The 3GS model was released just a couple weeks ago and once again people were waiting in line to get their hands on one. Read More→
