Apple iPhone 5 sales sets records

Associated Press
Apple CEO Tim Cook walks on stage at the beginning of an event in San Francisco, Wednesday, Sept. 12, 2012.  Apple is holding an event in San Francisco during which it is expected to announce a new iPhone capable of faster data speeds. It may also come with a taller screen. (AP Photo/Eric Risberg)

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Apple Inc sold out of its latest smartphone, with more than 5 million iPhone 5s sold in the three days since it hit stores, according to a company statement. Apple unveiled the latest iPhone 5 on Sept. 12.

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