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Apple iPhone 5 Pre-Orders Delayed Two Weeks From Release Date: Is Online Ordering Worth The Price Of Waiting?

One hour after pre-orders for the new iPhone 5 went live on Apple's website Friday morning, shipping estimates from the online Apple Store have already been delayed to two weeks for customers in the US, UK, Germany, Canada and Australia. Currently, any new iPhone 5 purchases will likely be shipped and delivered two weeks after the iPhone 5's actual release date on Sept. 21, by Friday, Oct. 5.

Apple iPhone 5 Release Date: US Launch Set For Friday, Sept. 21

At Apple's media event in San Francisco on Wednesday, the Cupertino, Calif.-based computer company unveiled its highly anticipated next-generation smartphone, the iPhone 5. The unveiling finally put to rest several rumors of the device, including its outside appearance and inside features, but we can now also finally report the official release date for the phone. As predicted, Apple plans to release the new iPhone 5 in the U.S. on Friday, Sept. 21.

Why Companies Are Racing To Cut Earnings Forecasts

Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.

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