iPhone 4S Sales Make Tim Cook a Genius for Now

Despite a not-so-favorable reception by critics to Apple’s (NASDAQ:AAPL) launch of the new iPhone 4S, the market has given a definite thumbs-up to the product with first day pre-orders topping a million. The blockbuster day easily broke the record of 600,000 single day sales held by the iPhone4.

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The new iPhone 4S will be in stores Friday and is expected to be rolled out to more than 22 countries by month-end. iPhone 4S comes in either black or white and will be available in the US for a suggested retail price of $199 (US) for the 16GB model and $299 (US) for the 32GB model and $399 (US) for the new 64GB model. iPhone 4S will be available from the Apple Online Store, Apples retail stores and through AT&T (NYSE:T), Sprint (NYSE:S), Verizon Wireless (NYSE:VZ), and select Best Buy (NYSE:BBY), Target (NYSE:TGT) and Walmart (NYSE:WMT) stores and select Apple Authorized Resellers. iPhone 4 is available for just $99 (US) and iPhone 3GS is available for free with a two year contract.

AAPL (NASDAQ:AAPL) is trading at $380.15 today, up 2.80%. Shares are up 25.75% in one year. The stock’s trading range for the year is between $290.00 and $422.86.

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