Apple sells more than 5M new iPhones

Apple sells more than 5M new iPhones

Apple sold more than 5 million of its new iPhone 5 in the three days since its launch.

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.

Read more at OregonLive.com.

{biztweet}iphone 5{/biztweet}