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WINNING iPhone 5 Smashes Sales Records Justin Sullivan / Getty Images

iPhone 5 Smashes Sales Records

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.

September 17, 2012 12:52 PM