Sep 26 2012, 10:10am CDT | by Luigi Lugmayr
Apple sold 5 million iPhone 5 on the first weekend. The number was lower than what analysts expected, sending the Apple stock down to currently $663. It was over $700 before the iPhone 5 sales announcement. There are some explanations around that say that Apple has many more orders, but could not fill them. Digitimes reports today that Apple ordered chips from Asian suppliers to make 20 million iPhone 5 units in the 3rd and another 20 million in the 4th quarter.
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at firstname.lastname@example.org.
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