China racks up ‘record’ iPhone 5 sales in first weekend

US tech giant Apple announced Sunday it had sold “more than two million” of the latest model of iPhone after the popular smartphone’s first weekend on the market in the Asian powerhouse.

US tech giant Apple announced Sunday it had sold “more than two million” of the latest model of iPhone after the popular smartphone’s first weekend on the market in the Asian powerhouse.

Samsung Electronics on Friday unveiled a compact version of its flagship Galaxy S III smartphone, with a touch screen sized to match that of arch-rival Apple’s new iPhone 5.

In a now-familiar ritual, Apple’s Asian fans jammed the tech juggernaut’s shops in Australia, Hong Kong, Japan and Singapore to pick up the latest version of its iPhone.