IELTS Reading Sample # iPhone7

iPhone7 has been launched and there has been so much buzz about the phone that it is inevitable that one does not knows about it. In today’s reading section, we are going to look at a article that talk about the sales of Apple and how they increased with the coming of iPhone7. With this article, we hope to learn some vocabulary about business and how things actually work in the Business lifestyle. The article has been taken from – http://time.com/money/4489600/iphone-7-preorders/?xid=homepage

iPhone7

U.S. wireless¹ carriers Sprint and T-Mobile US said on Tuesday they received strong pre-orders² for Apple’s iPhone 7, sending shares of the world’s most valuable listed company up 3 percent.

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.

However, the companies did not disclose³ specific sales numbers. Pre-orders started on Friday.

Details about sales of the new iPhone are scarce⁴ after Apple announced last week it would not release weekend sales data, saying the number was more a reflection of supply than demand.

“While the iPhone 7 update is more revolutionary⁵ than evolutionary⁶, we believe investors⁷ could consider these strong early pre-order indications⁸ as being reflective⁹ of the impact¹⁰ of Apple’s significant¹¹ iPhone installed¹² base expansion¹³ over the past few years,” Stifel analyst Aaron Rakers said in a note.

Rival carriers AT&T and Verizon Communications were not immediately available for comment.

Apple’s shares¹⁴ were up 2.8 percent at $108.19 in morning trading¹⁵. Up to Monday’s close, they had fallen 2.1 percent since the iPhone 7 was launched on Wednesday.

Sr	WORD	MEANING
1	wireless	Using radio, microwaves, etc. (as opposed to wires or cables) to transmit signals.
2	pre-orders	Place an order for (an item) before it is available for purchase.
3	disclose	Make (secret or new information) known.;allow (something hidden) to be seen.
4	scarce	Insufficient for the demand.
5	revolutionary	Involving or causing a complete or dramatic change.;engaged in or promoting political revolution.
6	evolutionary	A gradual process in which something changes into a different and usually more complex or better form.
7	investors	An investor is any person who commits capital with the expectation of financial returns.
8	indications	A sign or piece of information that indicates something.;a symptom that suggests certain medical treatment is necessary.
9	reflective	Pproviding a reflection; capable of reflecting light or other radiation.;relating to or characterized by deep thought; thoughtful.
10	impact	The action of one object coming forcibly into contact with another.;a marked effect or influence.
11	significant	Sufficiently great or important to be worthy of attention; noteworthy.;having a particular meaning; indicative of something
12	installed	Place or fix (equipment or machinery) in position ready for use.;
13	expansion	The action of becoming larger or more extensive.
14	shares	A part or portion of a larger amount which is divided among a number of people, or to which a number of people contribute.
15	trading	The action or activity of buying and selling goods and services.

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