One Month Since Apple Inc. (NASDAQ:AAPL) Introduced iPhone 6S? Where It Stands Now?

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It’s been a month since Apple Inc. (NASDAQ:AAPL) introduced the iPhone 6S and iPhone 6S Plus, and what has been the progress? From Apple’s side, preorders were strong with indications that the company could sell more iPhone 6S’ in the launch weekend than iPhone 6 in the same period last year. For carriers, the coming of iPhone 6S has been greeted by exciting device purchase plans – Sprint Corp (NYSE:S) has you covered at $1 a month.

Apple Inc. (NASDAQ:AAPL) is looking at beating the nearly 10 million iPhone 6 units sold during the launch weekend in September 2014. Analysts agree, they say that Apple could actually sell somewhere between 12 million and 13 million units of the iPhone 6S in the first weekend.

The iPhone 6S preorders were strong enough that Apple didn’t find it premature to say that it could surpass the 10 million units of iPhone 6 sold in the first weekend last year.

Carriers weigh in with iPhone 6S promotions

As Apple Inc. (NASDAQ:AAPL) exudes confidence about strong iPhone 6S sales, carriers are trying to grab the attention of subscribers with sweetened device financing deals. The roll out of Apple’s own device financing initiative has got carriers working to match or beat it with plans that go for as little as $1 per month.

T-Mobile’s version

T-Mobile US Inc (NYSE:TMUS), pulled the first trigger in the iPhone 6S promotion war. The carrier has two options for subscribers to own an iPhone 6. You can make a single payment for an iPhone 6S from the carrier and dislodge yourself from two-year contracts. The other option is that you can hand in your old iPhone and pay a small amount of money monthly for 18 months. If you trade in an iPhone 5S, you will be able to pay $10 per month and if you trade in an iPhone 6 you will pay $5 per month for the 18-month period.

Sprint responds in kind

Not to be left behind, Sprint has also responded in kind. You can trade in your old iPhone and get a flexible account that only requires you to pay $1 per month.

Apple Inc. (NASDAQ:AAPL)’s iPhone 6S features modest upgrades from the predecessor – iPhone 6.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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