Apple's (AAPL) iPhone 5 Already Sold Out in Several Markets; Two-Week Shipping Time Expected
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Price: $169.89 --0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
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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.
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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