Apple sold more than 2m units of its new iPhone 5 in its first weekend on sale in China, a record for the company’s smartphone in potentially its biggest market, writes Chris Nuttall in San Francisco.
The news could provide a much-needed boost for shares in Apple. The stock has fallen more than 25 per cent in the past three months partly because of concerns that growth in iPhone and iPad sales will not be sustained.
The iPhone 5 went on sale on Friday in China, online and at Apple’s retail store, with the carriers China Unicom and China Telecom also selling the handset.
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