Current Event

Current Event

Today was a great day for apple lover and smart phone users in general because today was the day that the iPhone 5 gets delivered and is available for purchase were it is offered. An annual staple know people all over the world lined up days before and camped out to get the new IPhone millions of people everywhere got there hands on the latest iPhone. Initial demand for the phone, at least in the U.S., appears to be stronger than for previous models. Thousands of shoppers lined up outside Apple stores in Sydney, Australia; Tokyo; London; Paris; and Munich, Germany, among other cities where the phone went on sale. Apple took 2 million pre-orders for the phone in the first 24 hours they were available last week, and some analysts said they think it could sell more than 10 million by Monday. The most popular single smart phone since the existence of such a device, the iPhone has sold more than 244 million units around the world since its unveiling five years ago. The new IPhone will make a great economic impact on the world market on selling millions in the world today. Apple is approximated to sell over 12 million by today Monday the 21st. From a social stand point the iPhone will make a great impact as well because more people will be getting the new device and the apple store created more jobs with this line up of new apple devices. This issue is significant because of the rivalry between Apple and its major competitor Samsung. These two companies have been going head to head with law suits for the last couple of months and will make the mobile device race for the best even closer....