The iPhone 5

The Apple’s iPhone 5 has been released for sale few weeks ago and the media is buzzing with all kinds of reviews, positive as well as negative. Within few days of release of iPhone 5 in the U.S., all five million iPhones were sold out.

Apple is the world’s largest company based on its stock market value. On September 21, 2012, its stock price hit an all-time high of $705.07. The stock price has risen more than 60 percent for the year.

The iPhone 5 comes with new software updates. It dropped the Google Maps and introduced its own maps based on a different set of data. That ran into some problems where Apple had to apologize to its customers and the company is not only offering previous mapping program to customers but also in the process of correcting errors. These minor problems associated with the new iPhone 5 caused some to down grade the stock and to criticize the company that it has lost its momentum after the death of its former CEO, Steve Jobs.

But the iPhone 5’s capabilities including its speed, exquisite design, brighter screen, and better than Google’s Android software may make the iPhone shine over its close competitors including Samsung’s Galaxy S III.