John Paczkowski

Recent Posts by John Paczkowski

iPhone 5 Fastest-Selling iPhone Since Last One, Says AT&T

With five days yet to go until its retail debut, Apple’s latest iPhone is already breaking sales records.

AT&T said on Monday that the iPhone 5 is the fastest-selling iPhone it has ever offered. And while the carrier offered no hard numbers to support the claim, it did say that preorders for the iPhone 5 surpassed those of all previous models on the device’s first day of availability, and over the weekend, as well.

When the iPhone 4S first became available for preorder last October, AT&T issued a similar boast. Then, as it has done today, AT&T said the device’s debut was the most successful for an Apple product yet. But the carrier also revealed that it had received 200,000 preorders for the iPhone 4S in 12 hours. So, if first-day iPhone 5 preorders broke the record set by the 4S, we’re looking at sales that are presumably well in excess of 200,000. And remember, that was over just 12 hours in 2011.

As of this writing, Apple hasn’t yet commented on first-weekend iPhone 5 sales, nor have its other carrier partners, Verizon and Sprint. But given this announcement from AT&T, the fact that ship times for preorders of the device slipped from “by September 21” to “2-3 weeks” about an hour after it went on sale, not to mention Apple’s assertion last Friday that it has “been completely blown away by customer response,” and it’s likely reasonable to assume that there is significant demand for the iPhone 5 — demand enough to reach the first-week sales of six million to 10 million that analysts have forecast.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work