iPhone 5 Sells Out; Apple Delays Ship Date

 By 
Todd Wasserman
 on 
iPhone 5 Sells Out; Apple Delays Ship Date
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Want to skip the lines next Friday and order your iPhone 5 online? You're out of luck, unless you don't mind waiting a bit.

Demand for the device is so strong that Apple sold out of its initial inventory in an hour and pushed back its shipping date for such pre-orders. Apple's website began taking orders for the product at midnight PST on Friday. An hour later, though, the shipping times for the device were delayed from the original Sept. 21 to two weeks, or Sept. 28, according to Dow Jones. As of Friday morning EST, Apple was still promising the two-week wait for shipping. The site also gives users the option of picking up the device at a retail store on Sept. 21.

The company's first major update to the device in two years has apparently sparked a great deal of consumer interest. Analysts surveyed by Bloomberg this week estimated that Apple would sell 58 million units of the device before year's end.

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