“Channel checks conducted by Michael Walkley of Canaccord Genuity found that sales of the iPhone 5 have been ‘very strong’ at AT&T, Verizon and Sprint. He also indicated that international sales of Apple’s latest smartphone have been positive for the company,” Hughes reports.
“While the iPhone 5 is Apple’s top selling model, as expected, Walkley’s checks also found that sales of the legacy iPhone 4S and iPhone 4 models have also been strong,” Hughes reports. “In particular, he discovered that the iPhone 4 — which is available for free with a new two-year service contract — was sold out at many stores.”
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