IPhone 5C the first three days, which set a record for first weekend smartphone sales, with the 5S selling three times more units than iPhone 5C. After the first day of release, 1% of all iPhone in the US were iPhone 5S, while 0.3% were iPhone 5C.<ref name="cnet iP5S/C sales 1"></ref> Commentators viewed iPhone 5C as a flop because of supply chain cuts signifying a decline in demand in October 2013. Apple CEO Tim Cook admitted that the company overstocked the iPhone 5C while having shortages of the iPhone 5S, as a result of failing to anticipate the sales ratio between both
People Power Company at Bitfone, which was acquired by Hewlett-Packard. People Power was initially envisioned as a greentech company with a focus on energy efficiency. In 2013, the company released its "Presence" app, which is designed to turn older smartphones and tablets into home monitoring devices and sensors using the device's built-in camera. The Presence app also allows users to monitor and control third-party internet-connected appliances and electrical usage in their homes. The app was originally available for iPad, iPhone, and iPod Touch devices. In mid-2013, the company's Chief Scientist, John Teeter, was selected as a Presidential Innovation Fellow and worked at the