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Apple Sells 5 Million iPhone 5 Handsets In 3 Days

By: AP
By: AP

It's a new iPhone sales record for Apple ... but investors aren't finding the latest news satisfying.

Apple announced more than five million iPhone 5s were sold since the device hit stores Friday.

That beat the old sales record of four million iPhone 4-Ss sold during last year's first weekend.

Though it is hard to compare the two because the iPhone 5 was released in two more countries than the 4-S.

Despite the iPhone frenzy, investors viewed the opening weekend as somewhat of a disappointment.

Wall Street analysts had anticipated the sales figure to be closer to six million.

But Apple's C-E-O Tim Cook said he was pleased with the results.


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