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iPhone launches in China

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iPhone launches in China

3News NZ

An employee cleans an advertisement plate at an Apple dealership on eve of iPhone 5's release, in Wuhan (Reuters)

An employee cleans an advertisement plate at an Apple dealership on eve of iPhone 5's release, in Wuhan (Reuters)

Apple said Monday that it sold more than 2 million iPhone 5s in China in their first three days of availability, setting a record for that market.

iPhone 5, which launched in China on Friday, will be available in more than 100 countries by the end of December.

The phone first went on sale on September 21 in the US, Germany, France, Japan and five other countries, with more than 5 million of the phones sold in the first three days.

That sales tally also set a record, but only beat last year's iPhone 4S launch by a small margin, falling short of some analysts' expectations. Apple shares hit an all-time high of US$705.07 that day, but in the months since the stock has plunged about 28 percent.

Apple shares fell $6.85 to $502.94 in premarket trading Monday.

AP

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