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New iPhones sales hit 9M: Apple

September 23, 2013 07:31 pm | Updated November 16, 2021 10:25 pm IST - New York:

A new iPhone 5s, bottom and a new iPhone 5c are seen on display. Apple says shoppers snapped up 9 million of its newest iPhones since the devices were launched on Friday, and that demand is exceeding supply. File photo.

Apple says shoppers snapped up 9 million of its newest iPhones since the devices were launched on Friday, and that demand is exceeding supply. Its shares jumped 6 percent in premarket trading.

Apple says the two new models gave it its strongest iPhone launch ever. The company began selling the low-cost 5C and top-of-the-line 5S on Friday.

The company says demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks.

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Wall Street hadn’t been enthusiastic about the new models, which were unveiled earlier this month.

Shares of Apple gained $28.10, or 6 percent, to $495.51 in premarket trading. The Cupertino, California, company’s stock is down about 12 percent in 2013 and has lost almost third of its value over the last year.

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