10:39 AM
Jalal HB
Despite Map App glitches and many other reported shortcomings of the Apple's news iPhone 5, Apple said Monday that it sold more than 5 million iPhone 5s in the three days since its launch, fewer than analysts had expected.
Apple shares fell $9.30, or 1.3%, to close at $690.79 on Monday. The shares hit an all-time high of $705.07 Friday as the phone went on sale in the U.S., Germany, France, Japan and five other countries.
The sales tally is a record for any phone, but it beats last year's iPhone 4S launch by only a small margin. Apple said then that it sold 4 million phones in the first three days.
Read more: Detroit Free Press
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