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CUPERTINO, Calif. (AP) — Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period.
Apple started taking iPhone 5 orders at 3 a.m. EDT on Friday.
The company also says that while most orders will be delivered on Friday, demand for the iPhone 5 exceeds the initial supply, so some of the devices are scheduled for delivery in October.
The Cupertino, Calif. company's stock added $7 to $698.28 in morning trading after rising as high as $699.54 earlier in the session.
The iPhone 5 has a bigger screen —4 inches (10.16 centimeters) measured diagonally— that allows room for another row of icons and lets widescreen movies fit better. The calendar will now show five days at a time instead of just three. Previous iPhone models carried 3.5-inch (8.89-centimeter) screens. The phone is also thinner and weighs less than previous models.
Janney Capital Markets analyst Bill Choi said Apple's announcement Monday "suggests iPhone 5 is running well ahead of iPhone 4S." In a note to investors, Choi reaffirmed his earlier expectation that Apple will sell 7 million to 10 million iPhone 5s by the end of September.
The iPhone 5 sells for $199 for the 16 gigabyte model, $299 for the 32 GB or $399 for the 64 GB model.
Apple says the iPhone 5 will be available at its 356 U.S. stores starting Friday. Each customer that makes a purchase at a store will be offered free personal setup service, which will help them customize their device.
The phone will be available in more than 22 countries on Sept. 28.
Aside from Apple stores, the iPhone 5 will be available at Apple's website as well as through AT&T, Sprint, Verizon Wireless, some Best Buy, RadioShack, Target and Walmart stores and certain Apple authorized resellers.
Earlier Monday AT&T Inc. said it set a sales record for the iPhone 5, with customers ordering more of them than any previous iPhone model on the first day of orders and over the weekend.
Copyright 2012 The Associated Press.
NEW YORK (AP) — The Dallas Cowboys are the first American sports franchise worth more than $2 billion, according to Forbes magazine.
The NFL's most valuable team for the sixth consecutive year, the Cowboys saw their overall worth increase 14 percent to $2.1 billion. That's about $1 billion higher than the average NFL team value, $1.11 billion, up 7 percent.
Only Manchester United of the English Premier League, at $2.24 billion, is more valuable than the Cowboys, according to Forbes' surveys. And Man U's owners, the Glazer family, also own the Tampa Bay Buccaneers, who are $1.033 billion, 18th in the NFL.
New TV contracts, the collective bargaining agreement signed last year that will last a decade, and higher premium seating revenue contributed to the increases. Every franchise except the Cincinnati Bengals increased in value; the Bengals stayed the same at $871 million, which ranks 26th overall.
With new stadiums in the works for the Vikings and 49ers, their values skyrocketed. Minnesota had a 22 percent increase to $975 million, while San Francisco moved up 19 percent to $1.175 billion.
Jimmy Haslam III bought the Cleveland Browns this summer for $1 billion, $13 million more than the value Forbes placed on the team, which ranks 21st.
Shahid Khan purchased the Jacksonville Jaguars for $770 million in January. Forbes values them at exactly that — the least valuable franchise in the league, $10 million less than the St. Louis Rams.
Rounding out the top five are New England ($1.635 billion), Washington ($1.6 billion), the New York Giants ($1.468 billion) and Houston ($1.305 billion).
Class 5A
1. Lake Travis (1-0) vs. New Braunfels Canyon, Friday
2. Dallas Skyline (1-0) vs. Arlington Martin, Friday
3. Katy (1-0) vs. Alief Taylor, Friday
4. Allen (1-0) at Cedar Hill, Friday
5. Cibolo Steele (1-0) vs. Converse Judson, Friday
6. DeSoto (1-0) vs. Jenks, Saturday
7. Abilene (1-0) vs. Duncanville, Friday
8. Euless Trinity (0-1) vs. Abilene, Saturday
9. Southlake Carroll (0-1) vs. Midland, Friday
10. Manvel (1-0) vs. Galena Park North Shore, Friday
Class 4A
1. Tyler (1-0) at Lancaster, Friday
2. Aledo (1-0) at Stephenville, Friday
3. Pearland Dawson (0-0) vs. Montgomery, Friday
4. Leander (1-0) vs. Pflugerville Hendrickson, Friday
5. Angleton (1-0) vs. Clute Brazoswood, Friday
6. CC Calallen (1-0) vs. Weslaco East, Friday
7. Denton Guyer (0-1) at Colleyville Heritage, Thursday
8. Cedar Park (0-1) vs. Abilene Cooper, Friday
9. Kerrville Tivy (1-0) at SA Madison, Saturday
10. Nederland (1-0) vs. Baytown Goose Creek, Friday
Class 3A
1. La Marque (1-0) at Texas City, Friday
2. Coldspring-Oakhurst (1-0) at Navasota, Friday
3. Navasota (1-0) vs. Coldspring-Oakhurst, Friday
4. Wimberley (1-0) vs. Giddings, Friday
5. Waco La Vega (1-0) vs. Hutto, Friday
6. Alvarado (1-0) at Mexia, Saturday
7. Abilene Wylie (1-0) vs. Bridgeport, Friday
8. Stephenville (0-1) vs. Aledo, Friday
9. Carthage (0-1) vs. Lindale, Friday
10. Gilmer (1-0) at Plano Prestonwood, Friday
Class 2A
1. Refugio (1-0) vs. Edna, Friday
2. Cameron Yoe (1-0) at Lexington, Friday
3. Newton (1-0) at Liberty, Friday
4. Lexington (1-0) vs. Cameron Yoe, Friday
5. Tatum (1-0) at Winnsboro, Friday
6. Cisco (1-0) at Clyde, Thursday
7. Wall (1-0) at Merkel, Friday
8. Hempstead (1-0) at Stafford, Friday
9. Corsicana Mildred (1-0) at Centerville, Friday
10. Daingerfield (0-1) at Atlanta, Friday
Class 1A
1. Mart (1-0) vs. Dallas St. Mark, Friday
2. Stamford (1-0) at Munday, Friday
3. Munday (1-0) vs. Stamford, Friday
4. Falls City (1-0) at Poth, Friday
5. Mason (1-0) at Goldthwaite, Friday
6. Burton (1-0) vs. Chilton, Friday
7. Wellington (1-0) at Panhandle, Friday
8. Shiner (1-0) vs. Hallettsville, Friday
9. Hubbard (1-0) vs. Bosqueville, Friday
10. Joaquin (1-0) at Shelbyville, Friday
Copyright 2012 The Associated Press.
DAVIE, Fla. (AP) — Miami Dolphins tackle Jake Long was limited in practice Wednesday because of a right knee injury he suffered last week.
Also limited were guard John Jerry (ankle) and linebackers Koa Misi (back) and Jason Trusnik (ankle). Receiver Brian Hartline, who missed the entire exhibition season with a left calf injury, participated fully in practice.
The Dolphins open the season Sunday at Houston.
Copyright 2012 The Associated Press.
CHARLOTTE, N.C. (AP) — The Democratic Party's platform makes no reference to God, drawing criticism from Republican vice presidential candidate Paul Ryan.
Ryan tells Fox News' "Fox & Friends" the change is not in keeping with the country's founding documents and principles and suggests the Obama administration is behind the decision. The Republican platform mentions God 12 times.
The 2008 Democratic Party platform made a single reference to God, referring to the "God-given potential" of working people.
The new platform does contain a plank on faith, saying it "has always been a central part of the American story." The platform says the nation was founded on the principle of religious freedom and the ability of people to worship as they please. It also praises the work of faith-based organizations.
Copyright 2012 The Associated Press.
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