Business news

  • Follow Business

iPhone 5 available in spots Saturday

It was possible to walk into a store Saturday and buy an iPhone 5. But it took some hunting.

Some stores reported having Apple’s newest phone available, though not all versions of it. A random check of about a dozen stores indicated that most were sold out.

A Verizon store in New York City said the 32- and 64-gigabyte models, but not the 16-GB version, were available. A Sprint store in a suburb of St. Paul, Minn., said all but the most expensive 64-GB iPhone 5s were sold out.

The phone went on sale Friday. Apple’s Web site said phones bought online would ship in three to four weeks. Verizon’s said they would ship by Oct. 19.

In other news

LARRY ELLISON, the founder and CEO of Oracle Corp., saw his pay jump to $96.2 million last year. The pay was up 24 percent from the previous year’s total of $77.6 million. Most of Ellison’s pay came from stock options that were valued at $90.7 million.

– From wire reports

Top headlines
Former Augusta fire marshal to serve prison term for extortion
Jason Beard is to report to a federal prison on June 30 to begin the sentence imposed for six counts of extortion and one count of attempted extortion.
Search Augusta jobs