Apple iPhone 7 Sales Start With Scant Supplies

The transcript discusses the high demand for Apple's new products, particularly the iPhone 7, and the challenges Apple faces in meeting this demand due to supply constraints. It highlights the company's forecast for Q4 and the holiday quarter, noting that sales depend on Apple's ability to produce enough units. The discussion also covers the backlash from customers unable to receive their orders promptly, attributing delays to manufacturing complexities and supply chain issues.

What is a common occurrence when Apple releases a new product?

• People camp out to buy it.

• People ignore the release.

• Apple gives away free products.

• There is no demand for it.

What is Apple's strategy regarding the supply of iPhone 7 models?

• They are not releasing any new models.

• They are giving discounts to clear stock.

• They have limited supply compared to demand.

• They have an excess supply.

What factor could affect Apple's holiday quarter sales?

• The price of older models.

• The number of competitors in the market.

• The amount of supply they can produce.

• The number of new stores opened.

What is one reason for Apple's supply issues with the iPhone 7?

• Excessive marketing expenses.

• Low yield of dual camera modules.

• High production costs.

• Lack of consumer interest.

How have customers reacted to the delayed delivery of their Apple devices?

• They have canceled their orders.

• They are indifferent.

• They are very unhappy.

• They are pleased with the wait.