NEW YORK (AP) -- Delivery times climbed quickly as Apple Inc. started taking orders for the iPhone 5 on Friday, suggesting strong demand.
Apple began taking orders for the phone at 12 a.m. Pacific time, promising delivery by next Friday, when the new phone also goes on sale in stores.
Four hours later, the expected delivery time had grown to two weeks, according to Topeka Capital Markets analyst Brian White.
White said the quick rise in the expected delivery time suggests much stronger demand than Apple expected. Last year, one-week delivery of the iPhone 4S was available into the afternoon of the first order day.
"Clearly, iPhone 5 fever is in full swing," White said.
AT&T and Sprint was still promising delivery by next Friday, while Verizon Wireless was promising delivery on Sept. 26.
Apple's stock rose $12.98, or 1.9 percent, to $695.96 in midday trading, hitting an all-time high.
Saturday, May 18 2013 6:00 PM EDT2013-05-18 22:00:01 GMT
Witnesses in southwestern Virginia said a car drove into a crowd at a parade Saturday and hurt several people, but the nature of their injuries wasn't immediately known.
Witnesses in southwestern Virginia said a car drove into a crowd at a parade Saturday and hurt several people, but the nature of their injuries wasn't immediately known.
Lawmakers are ready to question the ousted head of the Internal Revenue Service as Congress holds its first hearing on the tougher scrutiny the IRS gave tea party and other conservative groups that applied for...
Senior Treasury officials were made aware in June 2012 that investigators were looking into complaints from tea party groups that they were being harassed by the Internal Revenue Service, a Treasury inspector general said...
Friday, May 17 2013 4:38 PM EDT2013-05-17 20:38:41 GMT
DOD photo
Defense Secretary Chuck Hagel on Friday ordered the military to recertify all 25,000 people involved in programs designed to prevent and respond to sexual assault.
Defense Secretary Chuck Hagel on Friday ordered the military to recertify all 25,000 people involved in programs designed to prevent and respond to sexual assault.
Friday, May 17 2013 4:17 PM EDT2013-05-17 20:17:46 GMT
A Humvee carrying six Navy SEALs and two other sailors overturned during a training exercise at Fort Knox in Kentucky, killing one of the SEALs and injuring the others, military officials said Friday.
A Humvee carrying six Navy SEALs and two other sailors overturned during a training exercise at Fort Knox in Kentucky, killing one of the SEALs and injuring the others, military officials said Friday.
Friday, May 17 2013 11:20 AM EDT2013-05-17 15:20:51 GMT
Remember when reading their diary or snooping through their drawers was good enough? Online and in real life, more and more parents are setting up elaborate surveillance systems.
Remember when reading their diary or snooping through their drawers was good enough? Online and in real life, more and more parents are setting up elaborate surveillance systems.
Friday, May 17 2013 11:04 AM EDT2013-05-17 15:04:49 GMT
(AP Photo/Charles Dharapak)
The Treasury Department's top investigator for tax matters is telling Congress that he is still investigating whether outside political pressure caused the Internal Revenue Service to improperly target conservative groups.
The Treasury Department's top investigator for tax matters is telling Congress that he is still investigating whether outside political pressure caused the Internal Revenue Service to improperly target conservative groups seeking tax-exempt status.
Friday, May 17 2013 6:46 AM EDT2013-05-17 10:46:58 GMT
The numbers sum up the frenzy that has taken over the Golden State since it joined the madness over Powerball, which has seen its jackpot soar to $550 million for Saturday's drawing.
The numbers sum up the frenzy that has taken over the Golden State since it joined the madness over Powerball, which has seen its jackpot soar to $550 million for Saturday's drawing.
Thursday, May 16 2013 2:18 PM EDT2013-05-16 18:18:19 GMT
An Idaho man convicted of breaking into a Boise zoo and brutally beating to death a Patas monkey will spend up to a year in state prison, where he'll take part in a treatment program.
An Idaho man convicted of breaking into a Boise zoo and brutally beating to death a Patas monkey will spend up to a year in state prison, where he'll take part in a treatment program.
Saturday, May 18 2013 9:07 PM EDT2013-05-19 01:07:42 GMT
Police says a gay man was shot and killed in Greenwich Village after a man with a gun shouted homophobic slurs at him early Saturday morning. According to authorities, the 32-year-old victim was shot
Police says a gay man was shot and killed in Greenwich Village after a man with a gun shouted homophobic slurs at him early Saturday morning. According to authorities, the 32-year-old victim was shot
Saturday, May 18 2013 8:33 PM EDT2013-05-19 00:33:09 GMT
A 12-year-old boy was shot and killed and his father was wounded on a Jersey City street Friday night. Police say Gywan Levine Jr. and his father, Gywan Levine Sr., were walking on Rutgers Avenue
A 12-year-old boy was shot and killed and his father was wounded on a Jersey City street Friday night. Police say Gywan Levine Jr. and his father, Gywan Levine Sr., were walking on Rutgers Avenue
Saturday, May 18 2013 6:52 PM EDT2013-05-18 22:52:45 GMT
A large crowd of supporters in the Bronx joined the parents of a slain teen to protest a judge's ruling Saturday. Constance Malcolm and Francelot Graham whose son Ramarley was killed back in February
A large crowd of supporters in the Bronx joined the parents of a slain teen to protest a judge's ruling Saturday. Constance Malcolm and Francelot Graham whose son Ramarley was killed back in February
Saturday, May 18 2013 4:03 PM EDT2013-05-18 20:03:41 GMT
Officials in Connecticut say it was amazing that there were no fatalities or more injuries after two Metro-North trains collided around 6 p.m. in Fairfield Friday evening.
Officials in Connecticut say it was amazing that there were no fatalities or more injuries after two Metro-North trains collided around 6 p.m. in Fairfield Friday evening.
Saturday, May 18 2013 7:49 AM EDT2013-05-18 11:49:20 GMT
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
An airline official says a US Airways flight with 34 people aboard was forced to make a belly landing at Newark International Airport after experiencing landing gear trouble. No injuries were reported.
Friday, May 17 2013 9:12 PM EDT2013-05-18 01:12:56 GMT
A welcome sight in Coney Island: workers cleaning umbrellas, wiping down counters, and putting the finishing touches on a rebuilt Original Nathan's Famous.
A welcome sight in Coney Island: workers cleaning umbrellas, wiping down counters, and putting the finishing touches on a rebuilt Original Nathan's Famous.
