Will You Jump on the iPhone 5 Bandwagon?

iPhone 5 Pre-orders sold out in one hour on Friday.

After months of speculation and rumors about the new iPhone 5’s features, Apple, Inc. (AAPL) opened pre-order sales to thousands of eager iPhone fans on Friday at 12 a.m.

Within an hour, pre-orders had completely sold out, compared to a 20-hour time period for the iPhone 4 and 22 hours for the iPhone 4s, according to the Huffington Post.

Those who weren’t able to snatch a pre-order can still elect to wait in line at Apple and cell phone provider stores to purchase the phones on Friday.

Even those who were able to place a pre-order still may not get their hands on them as quickly as they hope.

Apple’s website states it will take at least two weeks to deliver the phone in the United States, the UK, Canada, Australia and Germany.

CNET reports that Verizon has pushed delivery dates back to Sept. 28, while AT&T has said iPhone orders will be shipped in 14 to 21 business days.

Did you buy the new iPhone, or try to buy it? We want to hear about your experience.

lubov mazur September 16, 2012 at 04:34 PM
Sitting at an A's game shortly after buying my first computer, my idiot brother-in-law asked me what kind. "A Mac."I replied, whereupon he launches into a loud fit through a two on single to right. He went on and on about what an idiot I was for falling for the hype, the snobby appeal of the whole Apple aesthetic, the show-off appeal of the extra cost. All I could think of was to ask,"What difference to you does it make what kind of computer I buy?" That's been my response to every anti-Apple rant since.
Econ September 16, 2012 at 08:15 PM
The difference it makes is this. Apple, with its large market share, and its fenced-in market places, wields market power to the disadvantage of consumers. That disadvantage to consumers is precisely why Apple stock is so valuable, and is part of why the 1% are so rich. Every time you buy from someone with a smaller market share, you chip away at Apple's stranglehold. If enough people refuse to buy from Apple, the wealth Apple is extracting from consumers through its quasi-monopoly, capitalized in the value of its stock, will revert to consumers (unless consumers fall in love with another quasi-monopolist).
You Enjoy Myself September 17, 2012 at 03:39 AM
dn ǝpıs ʇɥƃıɹ ɹnoɟ ǝuoɥdı uɐ ʎnq llıʍ I
ADeweyan September 17, 2012 at 04:21 AM
Hey, Econ. Considering Android has much higher market share than the iPhone (and is increasing their lead), are you saying we need to go with Windows Phone? Maybe Blackberry?
Jimmy Jack September 20, 2012 at 12:38 AM
K...now THAT is funny


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