iPhone 5 record orders

As many of you will know, the iPhone 5 was released about a week ago, and has already had 2 million+ orders in 24 hours, meaning some will not arrive until October.

The full article is here: http://news.sky.com/story/986160/iphone-5-delivery-backlog-after-record-orders, but here are my thoughts on why this is:

• New Operating system coming out with turn-by-turn navigation (Available shortly).
• 4G Internet-faster browsing and shorter download time.

Comparing prices (paying monthly):

iPhone 4 (32GB): £189-£239, £23-£26 per month.
iPhone 4S (32GB): £189-£239, £27-£30 per month (64GB: £279-£329, £27-£30 per month).
iPhone 5 (32GB): £89, £37-£39 per month (64GB: £109, £40-£42 per month).

Therefore (using the 32GB model), The iPhone 5 is a lot cheaper when you pay the upfront cost (i.e. what you give to the store), but has a higher monthly cost (i.e. what comes to you as a bill per month).

So why does has the new iPhone sold out so quickly? Well, it seams that it is because it is cheaper and that system that it runs on is a lot faster than previous iPhones, which attracts both current iPhone fans and new ones. The turn-by-turn navigation should make driving a lot easier, and may even start to replace sat navs. The 4G Internet (fastest yet) makings browsing the Internet, downloading videos etc. will make browsing the Internet a much more pleasurable experience (without the horrible loading screens and waiting for videos to buffer can be time consuming).

So can the iPhone 5 reach the top of the smart phone market, once Apple can sell the 2 million+ orders they've received in their first few days of selling? And will the turn-by-turn navigation begin to start replacing the sat nav systems? Well, only time tell.