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This is also the reason why Apple started counting "shipped" iPhones this year, starting with that "record 9 million iPhones in first weekend", that everyone th
by salient 13y ago
This is also the reason why Apple started counting "shipped" iPhones this year, starting with that "record 9 million iPhones in first weekend", that everyone thought were sold to customers, but in fact they were just shipped to carriers.
http://www.fool.com/investing/general/2013/09/24/apples-9-million-iphones-may-not-be-so-impressive.aspx http://www.fool.com/investing/general/2013/09/24/apples-9-mi...
- astrodust 13y agoI don't think Apple has a large inventory just sitting around. They used to do "channel stuffing" in the worst way possible back before Jobs, it was almost criminally bad, but under Cook they've been running really lean. Carriers might resent having to purchase so many, but I'm skeptical they're stuck with unsold inventory.