IPhone 4S Finally Hits Stores

Apple Inc.’s (NASDAQ:AAPL) latest smart phone, the iPhone 4S is finally hitting stores on Friday, in the U.S. and a dozen other countries.

The world’s most valuable company is hopes to strengthen its smartphone market share as the  leading smart phone manufacturer in the World. It has become a custom for product launches of Apple Inc. for a large queue of excited customers to line up if front of Apple’s retail outlets. These Apple fans camp for days on end to be the first among the ones to own the latest incarnation of Apple. According to reports the handset will go on sale in the U.S, U.K, Australia, Canada, Germany, France and Japan at 8 a.m. local time.

The demand for iPhone 4S is more than any previous iPhone launch due to the fact that the new phone can run on numerous networks and is launching on multiple networks in the same region.

Multiple network carriers in Japan are for the first time offering the iPhone 4s together. Before today Softbank Corp was the only network carrier to sell the iPhone since its debut in Japan. KDDI Corp. will be beginning to sell the iPhone 4s in the county.

Minor excitement levels were noticed at the KDDI Corp, however a calmer mood was seen compared to the previous Apple product launches. Focusing on the new gadget, little evidence of former CEO of Apple, Steve Job’s mourning was seen.

The lines of buyers outside of AT&T and Verizon stores were seen to compete with each other in New York and other states. Many buyers have been waiting outside Apple’ stores since the iPhone 4S was announced. Many buyers stayed thought the downpours to purchase the new iPhones.

Sprint stores across United States ran out of the iPhone 4S within a few hours of the beginning of the sale. This is the first time that Sprint has jumped onto the Apple bandwagon and is betting heavily on the device to lift its lagging subscriber base.

According to last week’s reports, the iPhone prebookings crossed the 1 million mark and the overall sales are projected to cross 4 million in the first few weeks. These huge number of prebookings crosses Apple’s own estimates and the prebookings of the previous version of the iPhone.

Apple’s in iPhone follows the design of the previous generation of iPhone. However, the insides of the new phone have received heavy upgrades in to form of a new processor, higher resolution camera, and a personal voice assistant named Siri.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.