Nightly News   |  September 21, 2012

Frenzy over iPhone

The rush is on to get the new iPhone, just out for sale, and amid the good news for Apple there's also a glitch. NBC’s Stephanie Gosk reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> so here is how big today's iphone 5 debut was. j.p. morgan estimates sales of this one device will contribute a third of a percent to the total gdp of the united states . sales are brisk, it is a hot item. but there is a problem or two. our report tonight from nbc's stephanie gosk.

>> reporter: unchecked, unbridled joy, the iphone 5 is finally in hand, at least it is for those willing to wait in line. apple is calling it the thinnest, lightest, fastest yet. demand is soaring.

>> yeah, i already got a missed call on that thing.

>> reporter: in 2007 , when the late steve jobs launched the original iphone , a million sold in three months. this latest version may sell ten million in the next ten days. in new york, we noticed a majority of customers waiting in line were chinese, carrying lots of cash. many of these iphones will be re-sold at higher prices in china, where sales are tightly controlled.

>> i have a blackberry, an old one, which is a bit like showing up at your kid's homecoming dance and doing the twist. it is what apple has done so well, leaving the competition in the dust. but there is one korean company leaving them in the dust.

>> reporter: samsung takes aim at the iphone 5 in this commercial.

>> what does that even mean?

>> who knows.

>> everyone you know owns an iphone , your grandmother owns an iphone .

>> it has lots of cool.

>> reporter: there are more criticisms, the new iphone connecter won't fit old accessories. and apple's mapping system is flawed. beware of roads running off the dam. but it doesn't seem to make a difference. do you think it is?

>> absolutely.

>> reporter: at least for now, it