Swamped Apple pushes back some iPhone 5 orders (Update)

Sep 14, 2012
Apple's CEO Tim Cook presents the new iPhone 5 on September 12. With a flood of orders coming for the new iPhone 5, Apple pushed back delivery times for the new device on its website.

With a flood of orders coming for the new iPhone 5, Apple pushed back delivery times for the new device on its website Friday.

Apple's US website said that for those ordering the new smartphone, shipping would be in two weeks, a week later than promised.

The new iPhone may be available at Apple retail outlets and third party sellers starting September 21.

According to specialized websites, Apple exhausted its initial supply within 60 minutes of opening pre-orders on its website.

"One hour after pre-orders went live tonight, Apple.com shifted shipping expectations from one to two weeks due to the overwhelming demand," the website TechCrunch said.

That compared with 22 hours for the iPhone 4S and 20 hours for the iPhone 4, the website said, adding that the deluge of orders caused technical problems for Apple's site and those of some carriers.

"This highlights unprecedented demand for the iPhone 5 and much stronger than the iPhone 4S," said Brian White, analyst at Topeka Capital Markets.

Apple websites in Britain, Canada, France and Germany also indicated shipments of the phones in two to three weeks.

The smartphone is being sold initially in nine countries, and will be in 100 by the end of the year, according to Apple.

Some analysts say Apple could sell 10 million in the opening days and 50 million before the end of 2012.

Apple shares rose 1.2 percent to a new all-time closing high Friday of $691.28, giving the tech firm a market value of $648 billion.

Analyst Stephen Turner at Hilliard Lyons said Apple still has room to grow, with the iPhone, a likely new version of the iPad and other revenue streams.

"The company has over 435 million iTunes accounts. We believe that not only will Apple sell more 'idevices' to these customers and new customers in the future, it will continue to generate significant 'recurring revenue' from iTunes purchases and the App Store," he said in a note to clients.

Explore further: Nokia recalls 30,000 chargers for Lumia 2520 tablet

add to favorites email to friend print save as pdf

Related Stories

AT&T not selling iPhone 4 until June 29

Jun 23, 2010

(AP) -- Though Apple stores will be carrying the iPhone 4 this Thursday, you'll have to wait until next week if you want to buy it from its official U.S. wireless carrier, AT&T Inc.

iPhone 4S gets thumbs up from Consumer Reports

Nov 08, 2011

Consumer Reports, the influential magazine for product reviews, gave a thumbs up to Apple's new iPhone on Tuesday after declining to recommend the previous model because of reception problems.

Recommended for you

Sony's PlayStation 4 sales top seven million

17 hours ago

Sony says it has sold seven million PlayStation 4 worldwide since its launch last year and admitted it can't make them fast enough, in a welcome change of fortune for the Japanese consumer electronics giant.

Study: Samsung phone durable, but iPhone has edge

Apr 14, 2014

Samsung's new Galaxy S5 smartphone is more durable than last year's model and other leading Android phones, but the iPhone 5s outperformed all of them in part because of its smaller size, a new study finds.

User comments : 0

More news stories

Hackathon team's GoogolPlex gives Siri extra powers

(Phys.org) —Four freshmen at the University of Pennsylvania have taken Apple's personal assistant Siri to behave as a graduate-level executive assistant which, when asked, is capable of adjusting the temperature ...

Better thermal-imaging lens from waste sulfur

Sulfur left over from refining fossil fuels can be transformed into cheap, lightweight, plastic lenses for infrared devices, including night-vision goggles, a University of Arizona-led international team ...

Deadly human pathogen Cryptococcus fully sequenced

Within each strand of DNA lies the blueprint for building an organism, along with the keys to its evolution and survival. These genetic instructions can give valuable insight into why pathogens like Cryptococcus ne ...