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iPhone 5 shatters record with 5 million in debut sales weekend

Customers enter a store to purchase the new

Photo credit: Bloomberg | Customers enter a store to purchase the new Apple Inc. iPhone 5 in New York. (Sept. 21, 2012)

Apple Inc. said it sold more than 5 million of the iPhone 5 in three days, shattering a record set by the previous model, as customers lined up in stores from Sydney to San Francisco for the company's latest handset.

A successful debut for the iPhone, responsible for about two-thirds of profit, is crucial to fueling the growth that transformed Apple from a niche computer maker into the world's...

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