iPhone 5 Smashes Sales Records

    SAN FRANCISCO, CA - SEPTEMBER 12:  Apple CEO Tim Cook speaks during an Apple special event at the Yerba Buena Center for the Arts on September 12, 2012 in San Francisco, California. Apple is expected to announce the iPhone 5, the latest version of the popular smart phone.  (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan / Getty Images

    Maybe bigger screens are better. The new iPhone 5 broke sales records when it was made available for preorder on Friday. Apple says that customers placed more than 2 million orders for the phone on its first day, easily beating out its predecessors. The iPhone 4S received 1 million preorders on its first day last year, while the iPhone 4 had only 600,000 on its first day. Sales were so brisk for the new device that Apple had to start delaying deliveries just over an hour after it began accepting preorders. Apple is expected to sell 6 to 8 million phones when the device is released this weekend.

    Read it at The Wall Street Journal