December 03, 2012 9:33 AM ET < Back to Market News Related Quotes Sym. Price Chg. AAPL Trade News 592.91 7.63 Apple's iPhone5 to Be Available in South Korea Friday, Over 50 More Countries in December
Dec 3, 2012 08:58:02 (ET)
By Saabira Chaudhuri
Apple Inc. (AAPL) said its iPhone 5 smartphone will be available in South Korea on Friday, and in over 50 additional countries in December, including Brazil, Russia and Taiwan.
The iPhone 5 was introduced in the U.S. and other markets in September. The company said it sold more than five million iPhone 5 units during its launch weekend, underscoring its continued strength in the quickly expanding mobile device industry.
Last week, Apple said that the new phone will be available for sale in China on Dec. 14, following recent regulatory approval by the Chinese government. The iPhone 5 is currently available in 47 countries around the world including the U.S., Australia, Canada, France, Germany, Hong Kong, Japan and the U.K.
In October, Apple reported it had sold 26.9 million iPhone units in its fourth quarter, up 58% from a year earlier. The consumer electronics giant also said its fiscal fourth-quarter earnings climbed 24% as it continued to see strong demand for its iPhone and iPad tablet devices.
Shares rose by $5.22 to $590.50 in recent premarket trading. Through Friday's close, the stock has risen 50% in the past year.
Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com
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