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iPhone 5 Sold Out in Less than 1 Hour

iPhone 5 Sold Out in Less than 1 Hour

Within just under one hour of going on sale in online Apple Stores worldwide, the iPhone 5 was sold out in less than 1 hour!

This came after Apple announced that the next generation iPhone will not ship from its Online stores for the next 2 weeks (Estimated shipping date: Friday 28th september 2012).

This could now spark a huge run on Apple’s High street Retail Stores, as many people unable to get the phone online, try their luck on the high street.

As of 11.34 EST Apples stock price was sitting at an amazing $696.62 that’s +13.64 (2.00%) up on yesterdays closing figure!

Analysts predict that as many as 58 Million iPhone 5’s may sell by the end of this year alone which could in-turn generate as much as $36.2 billion in sales for Apple!

Apple didn’t immediately respond to a request for comment…..

Have any news or information? Please e-mail Tips@MacReviews.com or send a tweet to @MacReviews on twitter and we will get back to you!

We have FULL Coverage of the iPhone 5 Live Event and other Apple events Here and on Youtube

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