Despite disappointment when the iPhone 5 failed to materialize, more than 1 million customers ordered the 4S in just 24 hours.

More than 1m customers in seven different countries placed orders for the new smartphone in the first 24 hours after it went on sale, beating previous records of 600,000 orders from customers in five different countries.

The strong start helped to push Apple’s share price up $14.37 (£9.16) to $384.17 in early trading on Monday in New York, offsetting last week’s $2.60 decline as investors reacted first to the failure of the iPhone 5 to materialise, and then to the death of Steve Jobs, the chairman and co-founder of Apple widely regarded as its driving force. Telegraph

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