US wireless carriers Sprint Corp and T-Mobile US Inc said on Sept 13 they received strong pre-orders for Apple Inc's iPhone 7, sending shares of the world's most valuable listed company up 3%. Sprint said pre-orders were up nearly four times, compared to last year. Pre-orders also rose nearly four times at T-Mobile, compared with its next most popular iPhone. Details about sales of the new iPhone are scarce after Apple announced last week it would not release weekend sales data, saying the number was more a reflection of supply than demand. Up to Monday's close, they had fallen 2.1% since the iPhone 7 was launched on Sept 7.

Source: The Star September 14, 2016 04:41 UTC