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September 23, 2013

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Apple says shoppers snapped up 9 million of its newest iPhones since the devices were launched on Friday, and that demand is exceeding supply. Its shares jumped 6 percent in premarket trading.[/font][/color][color=#3B3A39][font=Georgia,]
Apple says the two new models gave it its strongest iPhone launch ever. The company began selling the low-cost 5C and top-of-the-line 5S on Friday.[/font][/color][color=#3B3A39][font=Georgia,]
The company says demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks.[/font][/color][color=#3B3A39][font=Georgia,]
Wall Street hadn’t been enthusiastic about the new models, which were unveiled earlier this month.[/font][/color][color=#3B3A39][font=Georgia,]
Shares of Apple gained $28.10, or 6 percent, to $495.51 in premarket trading. The Cupertino, California, company’s stock is down about 12 percent in 2013 and has lost almost third of its value over the last year.[/font][/color]