Monday Apple Rumors: Black Friday Leaves Apple Stores Barren

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daily apple rumors AAPLHere are your Apple rumors and AAPL stock news items for Monday:

Black Friday Proves Big for Apple: Black Friday left Apple (NASDAQ:AAPL) stores with dwindling stock, according to Deutsche Bank analyst Chris Whitmore. In a Monday report at Apple Insider, Whitmore said 75% of Apple Stores had sold out of the iPhone 4S on Black Friday. Apple rushed to restock those stores but struggled to keep up with demand, as checks with the same stores on Saturday found that 30% still were sold out of the devices. Around 50% of AT&T (NYSE:T) stores sold out of the iPhone 4S as well. Meanwhile, Piper Jaffray analyst Gene Munster reported that Apple also enjoyed big iPad sales. Data collected from Apple Stores suggests the average store sold 14.8 iPads per hour on Black Friday, putting the company on track to sell 13.5 million iPads total during the fourth quarter.

iPhone 4S Leads Apple Charge into Android’s U.K. Territory: Research firm Kantar Worldpanel ComTech released new sales stats for the United Kingdom smartphone market on Monday. According to a Giga OM report detailing those findings, Apple’s iPhone tore into Google‘s (NASDAQ:GOOG) Android for total mobile market share by operating system in the month of October. Spurred by sales of the new iPhone 4S, Apple sold 42.8% of all smartphones sold in the U.K. during October. For the quarter leading into October, Apple took 27.8% of the U.K. market while Android phones accounted for 46% — down from just below 50% during the same period in 2010. Considering that Google’s market share comes from multiple phone makers like Samsung (PINK:SSNLF), HTC and others, Apple’s gains are particularly impressive.

Apple Offers Free Shipping on Online Orders Through December: Apple’s idea of spreading holiday cheer is getting as many people to buy its stuff as possible. To that end, the company is further greasing the commerce wheels by offering free shipping on all products sold through its online store. Free shipping is available through Dec. 22. Online retailers have increasingly used free shipping as a means to increase sales even outside of the holiday season.

As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook. For more from the company, check out our previous Apple Rumors stories.


Article printed from InvestorPlace Media, https://investorplace.com/2011/11/apple-rumors-black-friday-iphone-4s-ipad/.

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