The iPhone 5S had "real demand" that was close to 6 million units, about twice the number of estimated sales during its opening weekend, Morgan Stanley said in a research note Tuesday.
Apple said on Monday that it had sold 9 million iPhone 5C and 5S units in the first weekend and that it sold out of its initial iPhone 5S supply. The company did not break out sales figures for the two versions, but said that the combined sales were an opening-weekend record.
Morgan Stanley's Katy Huberty released the following statement on Tuesday.
We estimate the … Read more