We thought it was impressive when 200,000 Xiaomi Mi-One S phones sold in just 30 minutes. The company just tweeted that a batch of 300,000 of Mi-One S phones has been sold-out in 4 minutes and 12 seconds. The company is selling phones in batches, so there are bursts of huge sales in between periods of inactivity.
The Mi-One S is an updated version of Xiaomi's first phone with an overclocked Snapdragon S4 chipset, but the price of RMB 1,499 ($235, €190) seems to really be appealing to consumers (Xiaomi currently sells its phones in China, but is looking to expand make them globally available).
#XiaomiNews: Xiaomi has sold out 300,000 MI-ONE S units only in 4 minutes and 12 seconds for the third time open buying! Unimaginable!Thu Sep 20 08:29:33 via web 
XiaomiChina
Anyway, the company's excited tweet doesn’t quite make it clear how those 300,000 were sold - back when the first batch of 200,000 sold out, there were 1.1 million pre-orders.
Is Xiaomi just fulfilling these pre-orders or are those on top of the 1.1 million? It's not clear but it's an impressive performance from such a young company nonetheless.
Source : http://www.gsmarena.com/xiaomi_sells_300000_mione_s_phones_in_4_minutes_12_seconds-news-4833.php
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