Posted in: Apple, In this week's e-newsletter, iPhone, Latest News & Views
As we approach the first anniversary of the death of Apple founder Steve Jobs, it’s time to see if his legacy of over-the-top product announcements has survived long after he left the reins of the company in the hands of master supply chain guru Tim Cook.
The answer, it seems, is a resounding yes.
And that’s despite the fact that most of the details on the new version of the ground-breaking smartphone had been leaked to the world well in advance of this week’s official announcement.
Apple exceeded expectations for the iPhone 5, says a J.P. Morgan analyst, and it should put the company on top of the smartphone food chain.
The company’s rocket-like stock price reflected the enthusiastic reception the phone got. It climbed nearly 15 points the day after the unveiling and is nearing the much-anticipated 700 mark by week’s end.
Update: Early buyers of Apple’s latest iPhone once again slammed online stores, and the first batch of iPhone 5 models sold within an hour, pushing delivery times back as long as three weeks.
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