New iPhone pre-orders top 2 million

If “I Want My MTV” was the refrain that defined a generation 30 years ago, this one’s refrain might well be “I Want My iPhone.”

Apple has recorded record pre-sales for the soon-to-be-released iPhone 5, ringing up more than 2 million requests in 24 hours starting at 3 a.m. Friday.

The company said that was double the number of orders for the previous iPhone.

It also said that since demand is far outpacing supply, some people will not get their phones until October. The first batch is slated to be released this Friday.

Analysts have predicted that 7 million to 10 million new iPhones will be sold during September. The most recent iPhone release, the 4S, sold 4 million in its first weekend last year.

Among the phone’s upgrades, this version has a bigger screen, 4 inches versus the old 3.5 inches.

It’s selling for $199 to $399, depending on the number of GB.
 

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