Apple iPhone 7 Pre-Orders Sold Out in Korea Within 15 Minutes of Going Live

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Apple’s iPhone 7 and 7 Plus have already sold out in Korea, after pre-orders started on October 14. The device is set to officially launch in Korea on October 21.

Amid the unprecedented recall of Samsung Galaxy Note 7, the new iPhones have been speculated to benefit most from the bigger-screen rival’s withdrawal from the market. Clearly, the recall of the Note 7 has been extremely tough for Samsung, especially on Samsung’s home turf.

According to the nation’s top three telecom carriers, their first batch of iPhone pre-orders sold out within 15 minutes after launching on their sites. A telecom official said:

“Comparing to the iPhone 6s debuted a year ago, pre-order volumes have doubled for the iPhone 7. It’s like Apple is having a field day in a situation where its rival is incapacitated due to the Samsung Galaxy Note 7 saga.”

Yesterday, the Department of Transportation and the Federal Aviation Administration said that Samsung’s Galaxy Note 7 will be banned from all flights in the United States. In addition, Samsung forecasted a total loss of about $5.3 billion. The company’s shares has fallen about 8 percent this week alone.

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  • awkpain

    I love when news is released without an actual count. There could have been a limit of 100 pre-orders for the entire country just so that they could say it sold out in 15 minutes.

  • jay

    Should be iPhone 7 plus because nobody buys the iPhone 7 right now. All colours and size in stores

  • Nuser

    What do you think the number is

  • awkpain

    No idea… hence the comment

  • Nuser

    What should the number be in order to qualify for a news article.

  • awkpain

    An article that omits information because it was unavailable, should say that the information was not available. It is the writer’s responsibility to answer the questions that complete the article. It is not the specific number that matters… it is the fact that without it “the first batch of iPhone pre-orders sold out within 15 minutes” is meaningless. The first batch could have consisted of a single iPhone to sensationalize and make it appear as though the phone is more popular and/or desirable, thus allowing the carrier to sell more phones.

    For those who want to know why the numbers were unavailable from Apple, as an example, the following is pertinent.

    APPLE STATEMENT TO CNBC:

    “In years past, we’ve announced how many new iPhones had been sold as of the first weekend following launch. But as we have expanded our distribution through carriers and resellers to hundreds of thousands of locations around the world, we are now at a point where we know before taking the first customer pre-order that we will sell out of iPhone 7.

    These initial sales will be governed by supply, not demand, and we have decided that it is no longer a representative metric for our investors and customers. Therefore we won’t be releasing a first-weekend number any longer. We are reiterating the financial guidance for the September quarter that we provided on July 26.”

  • Nuser

    Ok. Thank you for the info.

  • jay

    The bias against Apple is amazing. Especially since Samsung doesn’t announce sales numbers ever.

  • jay

    I think the iPhone 7 sold three devices worldwide.

  • jay

    Karma seems to be the word of the month regarding Samsung.

  • awkpain

    This wasn’t a release from Apple. It was a release from Korea’s top three telecom carriers. Not that that changes anything, but this is what reddit users stand for. “SJW unite in a fire!” or something like that…