Apple's iPhone 5 Tops 5 Million In One Weekend
Apple's newest phone misses analyst numbers, but still breaks records
Were you able to pick up your brand-new iPhone 5 this weekend? If so, you were one of the lucky 5 million units sold. According to Apple, that number was an opening-weekend sales record for the company. Apple has announced that its initial supply of phones is gone, but it will continue to ship new devices in October.
"Demand for iPhone 5 has been incredible and we are working hard to get an iPhone 5 into the hands of every customer who wants one as quickly as possible," said Apple CEO Tim Cook in a statement.
"While we have sold out of our initial supply, stores continue to receive iPhone 5 shipments regularly and customers can continue to order online and receive an estimated delivery date. We appreciate everyone's patience and are working hard to build enough iPhone 5s for everyone."
There is some disappointment in the air because some analysts, like Apple prognosticator and Piper Jaffray analyst Gene Munster, were expecting sales as high as 10 million.