Damn, ya’ll. The iPhone 5 is hot. Whereas it took the iPhone 4S 22 hours to sell out once pre-orders opened up for business, the iPhone 5 was sold out in just 1 hour.
Yep. One hour after pre-orders went live tonight, Apple.com shifted shipping expectations from one to two weeks due to the overwhelming demand.
Demand for the phone caused problems on Apple’s website and several of the wireless carriers’ sites, as many users were met with error messages as they attempted to pre-order the new iPhone. There’s always plenty of hubbub around Apple product launches, though the pre-order launch of the iPhone 4S came and went without problems on Apple.com or carrier sites. It wouldn’t be surprising if this turns out to be an indication of what’s to come.
Exactly. What’s to come is a monster in the form of the iPhone 5. With 4G LTE and a much larger screen, not to mention a sleek new design, the iPhone 5 stands ready to be the most successful iPhone launch in history. In fact, dare we go so far as to call it a no-brainer that the iPhone 5 will easily sell more units than every other iPhone model combined.
And investors so far are loving it as shares of Apple are now up over 11 points with the stock trading at $694.11, having earlier reached an all-time intraday high of $695.86.