Apple says initial quantities of iPhone 7 Plus sold out
 

SAN FRANCISCO: Initial quantities of the iPhone 7 Plus have sold out globally as Apple Inc prepares to roll out its new gadget in stores, the company said Wednesday.

Supplies of the larger size of Apple´s new phone have been exhausted in all shades, and the smaller iPhone 7 has also sold out in the new jet black color, the company said.

Customers who enter Apple Stores Friday, when the gadgets hit shelves, will **t be able to purchase the sold-out phones on site, but they can continue to place orders for their desired models online, Apple said.

"We sincerely appreciate our customers´ patience as we work hard to get the new iPhone into the hands of everyone who wants one as quickly as possible," Apple spokeswoman Trudy Muller said in a statement.

Apple launched the new phones at a San Francisco event earlier this month.

The gadgets feature improved cameras and eliminate the traditional headphone jack in favor of new tech**logy.

Breaking with tradition, the company will **t release first-weekend sales of the iPhone 7 and 7 Plus, saying the figure is more a reflection of supply than demand.

The decision sparked concerns among some on Wall Street, where many fear sales of the iPhone, a critical product for Apple, may be leveling off.

But U.S. wireless carriers Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Tuesday they received strong pre-orders for the iPhone 7, sending Apple shares up.

"Based on everything I´ve seen it looks like demand is very strong," analyst Jan Dawson of Jackdaw Research wrote in an email.

The 5.5-inch iPhone model, k**wn as the Plus, has sold out soon after launch since Apple introduced the size with the iPhone 6 in 2014. Phones in newly released finishes are also typically snapped up quickly by customers eager to showcase the latest iPhone design.

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