This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Want the iPhone 5? You Can't Have It

NEW YORK ( TheStreet) -- So much for the supposedly "tepid" reaction to Apple's (AAPL) iPhone 5.

Apple put the iPhone up for pre-order sales at 12:01 a.m. Pacific standard time, and every model of the phone has sold out already, according to Apple's Web site. Apple is working with AT&T (T), Verizon (VZ) and Sprint (S) in the United States, and these carriers listed on Apple's Web site indicate a shipping time of at least two weeks.

iPhone 5: What's New

Some tech journalists, social-media mavens and Wall Street analysts weren't impressed with the device, saying it featured nothing new that isn't already available on other smartphones. They were looking for Apple to blow them away with an all-new design or breakthrough feature. Except that's not what Apple is doing with its sixth-generation iPhone. (The iPhone 4 had two iterations.)

Apple has decided that it's pretty much perfected the look of the phone -- its glass-and-metal look stunned most people when it was released. Apple's lead product designer, Jonny Ive, noted that during a promotional video when discussing the iPhone 5: "When you think about your iPhone, it's probably the object that you use most in your life. It's the product that you have with you all the time. With this unique relationship people have with their iPhone, we take changing it really seriously. We don't to just want to make a new phone. We want to make a much better phone. iPhone 5 is the result of this approach."

Those who were looking for something "insanely great" (to borrow a phrase from Steve Jobs) were bound to be disappointed, because Apple has already given it to us. The design of the iPhone isn't going to change much for iPhone 6, 7, etc. It is what it is because Apple doesn't change things for the sake of change. The company perfects something, then sticks with it.

As Apple said in its promotion: "The best thing to happen to iPhone since the iPhone."

Interested in more on Broadcom? See TheStreet Ratings' report card for this stock.

-- Written by Chris Ciaccia in New York

>Contact by Email.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,156.85 +24.88 0.15%
S&P 500 2,001.57 +2.59 0.13%
NASDAQ 4,562.1890 +9.43 0.21%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs