Apple Announces First Weekend iPhone 5 Sales Of 5 Million, Half Off Highest Estimate

Tyler Durden's picture

There was much riding on the Apple update for the first weekend sales from the new iPhone 5 and here they are.

  • APPLE SAYS IPHONE 5 FIRST WEEKEND SALES TOP 5M.

This number would be great if only it wasn't 50% off the highest whisper estimate of up to 10 million sales in the weekend. It is also the reason why the stock is now sliding down well over 2%, threatening to light the AAPL hedge fund hotel on fire.