In Hong Kong, iPhone 4S Preorders Sold Out in 10 Minutes
Hong Kong residents hoping to be among the first to own Apple’s new iPhone 4S will need to take some time off to wait in line this coming Friday, because there are no more preorders left. Nor have there been for a few days now. In fact, according to Ticonderoga Securities analyst Brian White, Apple sold out of 4S preorders in Hong Kong within about 10 minutes.
“In our view, this is a very positive sign for iPhone 4S demand in Greater China as Hong Kong represents the first entry of the new smartphone in the rapidly growing region and we expect the 4S to reach Mainland China in December,” says White. “We believe this rapid sell out will rest concerns surrounding the uptake of the iPhone 4S in the Greater China region that were driven by the limited language capability of Siri, which did not launch in Mandarin or Cantonese.”