Apple Sells Record 10M New iPhones in Debut Weekend

The video discusses the release of U.S. economic indicators, highlighting a negative reading for the Chicago Fed National Activity Index for August. It then shifts focus to Apple's iPhone 6 and 6 Plus sales, which exceeded expectations with over 10 million units sold. Analysts suggest this figure reflects supply capabilities rather than demand. The market reaction to Apple's sales is described as muted, with shares initially rising but stabilizing. The video also explores the broader economic implications of consumer behavior and Apple's strategy to expand iPhone availability to more countries, excluding China initially.

What was the consensus expectation for the Chicago Fed National Activity Index before the negative read?

What does the text suggest about the overall economic environment based on the iPhone sales?