iPhone 5 Sales Top Five Million in Launch Weekend
“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 Tim Cook, Apple’s CEO. “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.”
Apple's five million iPhone 5 unit sales seem to fall short of many analysts' expectations. Piper Jaffray analyst Gene Munster last week predicted sales of eight million units based Apple's announced pre-order number, calling six million units the worst-case scenario for the company.
The iPhone 5 launched in nine countries last Friday, and will be debuting in 22 more countries this Friday, September 29.