Preorders of iPhone 5 Sell Out In Less Than An Hour At Apple

Zach Epstein, writing for Boy Genius Report:

“Apple (AAPL) made preorders of its new iPhone available on at 3:01 a.m. EDT, 12:01 a.m. PDT and in less than one hour, the company’s initial stock of new iPhones for Verizon Wireless (VZ), AT&T (T) and Sprint (S) was depleted.”

One hour.