Many US stores report being sold out of iPhone 5

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Rosa Golijan

If you didn't stay up until 3 a.m. to pre-order an iPhone 5 last week, you were probably?too late to get one confirmed for shipment by Frida... Read more

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AP staff , AP

It was possible?to walk into a store Saturday and buy an iPhone 5. But it took some hunting.

Some stores reported having Apple's newest phone available for walk-up customers. But a random check of about a dozen stores indicated that most were sold out.

A Verizon store in New York City said the phone was available. A Sprint store in a suburb of St. Paul, Minn., said all but the most expensive 64 gigabyte iPhone 5s were sold out.

The iPhone 5 went on sale Friday, igniting explosive interest around the world. Apple's website said phones bought online would ship in three to four weeks. Verizon's website said they would ship by Oct. 19.

Sprint said late Friday that its inventory of the iPhone 5 was "seriously constrained" or sold out in its retail stores.

It's hardly uncommon for supply shortages to make it difficult to get new iPhones in the first days of their release. For Apple, the iPhone introduction is the biggest revenue driver of the year. Analysts say the company will likely sell millions of phones in the first few days.

There were long lines Friday at Apple's stores in Asia, Europe and North America as customers pursued the new smartphone. Apple and the phone companies haven't provided sales figures from the first day. Apple is expected to announce early results Monday.

Last year, Apple said on the Monday after the launch of the iPhone 4S that it had sold 4 million in the first three days.?

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.nbcnews.com/technology/gadgetbox/many-us-stores-report-being-sold-out-iphone-5-1B6042339

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