It comes as no surprise that the iPhone 5 has been a runaway success for Apple and has been flying off the shelves since its September release. Although initially speculated whether the iPhone 5 could beat the sales record of its predecessor, i.e. the iPhone 4s, It now seems that the iPhone 5 has had the strongest start sales-wise in the U.S. over any previous iPhone.
The iPhone 5 managed a record of sorts by selling out 2 million units in the first three days of its availability in China. It appeared that China had become a more lucrative market than the US. However, the latest sales figures tell a different story as in the US at least, over the last 12 weeks the sales of the iPhone 5 have accounted for 53.3% of smart phone sales overall.