Swamped with orders: Apple pushes back iPhone 5 deliveries

New iPhone may be available at Apple retail outlets and third party sellers starting September 21.


Afp September 16, 2012

NEW YORK: With a flood of orders coming for the new iPhone 5, Apple pushed back delivery times for the new device on its website. Apple’s US website said that for those ordering the new smartphone, shipping would be in two weeks, a week later than promised. The new iPhone may be available at Apple retail outlets and third party sellers starting September 21. According to specialised websites, Apple exhausted its initial supply within 60 minutes of opening pre-orders on its website. That compared with 22 hours for the iPhone 4S and 20 hours for the iPhone 4, the website said, adding that the deluge of orders caused technical problems for Apple’s site and those of some carriers. “This highlights unprecedented demand for the iPhone 5 and much stronger than the iPhone 4S,” said Brian White, analyst at Topeka Capital Markets. Apple shares rose 1.2% to a new all-time closing high Friday of $691.28 – a market value of $648 billion.

Published in The Express Tribune, September 16th, 2012.

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