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Apple iPhone 5 Pre-Order Success: AAPL Shares Rise To $700
Things are going pretty well for the Apple as the shares of the Cupertino, California-based company crossed $7000 for the first time ever because of the iPhone 5 pre-orders that sold like hotcakes on the very first day. More than 2 million pre-orders recorded on the first day of the availability that reflects the high customer interest level for the iPhone 5.
The iPhone 5 is going to hit the markets on 21st of September, but still investors showing a lot of faith in Apple, which makes a total of 22 percent increases in stocks of the company in the last three and half months.
Because of the huge amount of pre-orders, Apple delayed the shipment of the iPhone 5 for the customers who pre-ordered the device, but later on the Apple official report stated that iPhone 5 shipments will be done on the said date and the customer who pre-ordered the device will be able to enjoy it without any delay.
The new iPhone 5 is the thinnest and lightest model among the iPhone family. It features a 4 inch Retina display, powerful A6 chip, updated camera, LTE connectivity and it will run on iOS 6.
2012-09-19 23:41:40
Source: http://www.techgadgetsweb.com/10700/apple-iphone-5-pre-order-success-aapl-shares-rise-700
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