Apple's (AAPL) iPhone 5 Already Sold Out in Several Markets; Two-Week Shipping Time Expected
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Price: $441.35 --0%
Overall Analyst Rating:
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Dividend Yield: 2.7%
Revenue Growth %: +11.2%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +11.2%
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According to data out Friday morning, Apple's (Nasdaq: AAPL) new iPhone 5 is already sold-out in seven launch countries. Notifications also show two-week shipping notices.
Countries with the two-week notice include US, Australia, Canada, France, Germany and the UK. Previously, notices said "Delivers on 21/9 in most areas." (Clearly, 21/9 is September 21st.)
Reports also have Sprint's (NYSE: S) website crash under a heavy traffic load, though data wasn't available for rivals Verizon (NYSE: VZ) and AT&T (NYSE: T).
Of course, being bullish on the iPhone 5 isn't anything new. Just a few weeks ago, noted Piper Jaffray analyst Gene Munster said he expects record sales for the new device.
Shares of Apple are indicated 0.6 percent higher Friday morning.
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Countries with the two-week notice include US, Australia, Canada, France, Germany and the UK. Previously, notices said "Delivers on 21/9 in most areas." (Clearly, 21/9 is September 21st.)
Reports also have Sprint's (NYSE: S) website crash under a heavy traffic load, though data wasn't available for rivals Verizon (NYSE: VZ) and AT&T (NYSE: T).
Of course, being bullish on the iPhone 5 isn't anything new. Just a few weeks ago, noted Piper Jaffray analyst Gene Munster said he expects record sales for the new device.
Shares of Apple are indicated 0.6 percent higher Friday morning.
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