Apple says more than 5 million iPhone 5s sold
Topics: From the Wires, News
NEW YORK (AP) — Apple Inc. said Monday that it has sold more than 5 million units of the new iPhone 5 in the three days since its launch, less than analysts had expected.
Apple shares were down $15.31, or 2.2 percent, at $684.79 in premarket trading.
The iPhone 5, the most eagerly awaited phone of the year, went on sale Friday in the U.S., Germany, France, Japan and five other countries.
When it launched the iPhone 4S a year ago, Apple sold 4 million in the first three days.
Apple could have sold more iPhones if it had more available: demand exceeded supply for most models. Topeka Capital Markets analyst Brian White said the phone was sold out at 80 to 85 percent of the U.S. Apple stores he and his team contacted Sunday evening, and the ones that were still available were mostly Sprint models.
Online delivery times have stretched to three to four weeks.
White had expected Apple to sell 6 to 6.5 million iPhone 5 units in the first three days.
The phone will go on sale in 22 more countries this Friday and in more than 100 countries by the end of the year.
More Related Stories
-
Developers evict historic women's shelter to build luxury hotel
-
Kaitlyn Hunt refuses plea offer, will go to court over high school relationship
-
DHS admits "impossible" to control 3D-printed guns
-
Journalists file suit against Manning trial secrecy
-
Russia: Syrian regime ready to talk peace
-
Report: Nearly a quarter of all Americans struggle to afford food
-
Ted Cruz against the world
-
Louie Gohmert: Women should be forced to carry nonviable pregnancies to term
-
2 men arrested for endangering commercial aircraft
-
Oversized load blamed for bridge collapse
-
This is what Guy Fieri looks like as a balloon
-
Iran hackers aiming at U.S. energy firms
-
Lawyers release data in attempt to discredit Trayvon Martin
-
Anonymous rallies behind Kaitlyn Hunt
-
Bridge collapse: Part of "aging infrastructure"
-
Mistrial in penalty phase of Arias case
-
Amanda Bynes arrested after hurling bong from window
-
Interstate 5 bridge collapses north of Seattle
-
Mississippi could begin prosecuting women for miscarriages
-
Teenage girl claims she was beaten up for looking like Taylor Swift
-
UK Military: London attack victim was a "model soldier"
Featured Slide Shows
The week in 10 pics
close X-
Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
Credit: AP/LM Otero -
Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center in Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
Credit: AP/Matt Rourke -
A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
Credit: AP/Jenny Aicher -
Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
Credit: AP/Molly Riley -
Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
Credit: AP/J. Scott Applewhite -
Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
Credit: AP/Carolyn Kaster -
O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
Credit: AP/Las Vegas Review-Journal/Jeff Scheid -
Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
Credit: AP/NASA/Chris Hadfield -
When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
Credit: AP/Jacquelyn Martin -
A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
Credit: AP/The Duluth News-Tribune/Clint Austin -
Recent Slide Shows
Most Read
-
Tornado survivor to Wolf Blitzer: Sorry, I'm an atheist. I don't have to thank the Lord
-
9-year-old slams Rahm over Chicago schools
-
Judge tells lesbian couple to separate -- or lose kids
-
Oklahoma senator: Tornado aid "totally different" from Sandy aid
-
Experts: Fox News spying scandal a game-changer
-
Greek yogurt, toxic waste hazard?
-
Inhofe and Coburn: Red state hypocrites
-
Facebook's hate speech problem
-
Brad Pitt keeps breaking his silence on how boring marriage to Jennifer Aniston was
-
Graphic video reportedly shows possible London machete attack suspect
Popular on Reddit
links from salon.com
87 points88 points89 points | 6 comments
45 points46 points47 points | 13 comments
36 points37 points38 points | 5 comments
Comments
0 Comments