Another confirmation this morning just how fast the new iPhone 5 is selling: Apple says it sold 2 million of the new handsets in just the first 24 hours of availability with demand outstripping supply. Preorders for the slimmer, faster iPhone "have shattered the previous record held by iPhone 4S," Apple's marketing head Philip Schiller announced.
Indeed, demand is so off the scale that the Cupertino, Calif. company said the "majority of preorders" will be delivered to buyers on Sept. 21 with new purchases set for delivery in October. Earlier today, AT&T said it set a "sales record with iPhone 5 over the weekend, making it the fastest-selling iPhone the company has ever offered".