Apple sold more than 5 million iPhone 5

Majority pre-orders have been shipped to customers, many are scheduled to go out in Oct

Apple Inc sold more than 5 million iPhone 5 smartphones in the three days after the new device hit the marketplace on September 21, the company said on Monday.

Apple said it sold out its initial supply of iPhone 5s, as demand for its latest smartphone exceeded initial supply. While the majority of pre-orders have been shipped to customers, many are scheduled to go out in October, Apple said.