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Stores in Hong Kong remain sold out of Apple's iPhone 5 as overwhelming demand continues. In a note to clients -- as reported by "AppleInsider" (www.appleinsider.com-- Topeka Capital Markets analyst Brian White that's expected to spread soon to mainland China, as carrier China Unicom is said to be gearing up for the iPhone 5 launch.
He said all of the stores he has visited in Hong Kong were sold out of the iPhone 5, and described the city as having "iPhone 5 fever."
"At Apple's retail store, the iPhone 5 can be ordered online and a lottery process determines who is eligible for pickup at the store the next day," he tells clients. "Based on our conversations, you might have a better shot at winning the lottery than getting the iPhone 5 the next day."
Meanwhile, China Unicom is said to have sold out completely of the iPhone 4S at some of its stores, White says.