Tech giant Apple saw yet another high when it was revealed that it has sold the initial stock of iPhone 5. After coming across the news, it was found that shares of the company have gone up.
A lot of buzz has been created about iphone 5 and it seems that all was true as not even a single piece of the iphone was left in the nine countries, where it made its first appearance. However, it is said that rest of the countries will be able to see the product on September 21.
AT&T, Sprint and Verizon have been giving a hope to customers that they will try and get iPhone 5 by next week or so. It is not the first time when Apple has witnessed such a blockbuster sale out of its product. Last year also, the company sold all the initial stock of iphone 4s on the same day.
Though the pattern has not repeated this time as well, experts were of the view that speed has increased this time. "This appears to be well above demand for the iPhone 4S last October”, said Brian White, who has been working at Capital Markets, while affirming that iphone 5 is really making people go mad.
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