Apple Inc. launched its newest phone iPhone 4S on Oct. 4, a day before Apple co-founder Steve Jobs died.

The release of iPhone 4S, instead of the highly-anticipated iPhone 5, initially disappointed many Apple fans. However, the company claims that iPhone 4S is a big hit since more than one million people ordered it in the first 24 hours after bookings had started online.

iPhone 4S is set to hit the market at about 8 a.m. on Oct. 14 and the price will start at $199. The company is likely to experience record-breaking sales at each of its 357 Apple Stores worldwide.

Apple Monday released a statement which confirmed that the pre-orders of iPhone 4S have topped one million. The last record was set in June 2010 when iPhone 4 was released with a sale of 600,000 units in a day.

iPhone 4S's carriers AT&T, Verizon Wireless, and Sprint-Nextel Corp have all reportedly sold out initial pre-order stock of the new smartphone.

For those who fail to get iPhone 4S in a nearby Apple Store, there are plenty of other stores selling the new samrtphone on Oct. 14. The non-Apple retailers are providing various incentives to the new iPhone buyers at their store, such as free gifts and gift cards.

Those who have pre-ordered the iPhone 4S will receive their order on the scheduled day on Oct. 14, or near that day.

iPhone 4S will be available in two models - a 64-gigabyte model for $399 and a 32-gigabytes for $299 - with a two-year carrier contract.

Also Read: iPhone 4S Release: Apple Co-Founder Steve Wozniak First in Queue for New iPhone