Apple says it has sold 9M new iPhones since Friday

NEW YORK – Apple says shoppers snapped up 9 million of its newest iPhones since the devices were launched Friday, and that demand is exceeding supply. Its shares jumped 6 per cent in premarket trading.

Apple says the two new models gave it its strongest iPhone launch ever. The company began selling the low-cost 5C and top-of-the-line 5S on Friday.

READ MORE: New iPhone, old problems for fading BlackBerry

The company says demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks.

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VIDEO: Apple fans line-up to buy newest iPhone (Sept 20)

Wall Street hadn’t been enthusiastic about the new models, which were unveiled earlier this month.

Shares of Apple gained $28.10, or 6 per cent, to $495.51 in premarket trading. The Cupertino, Calif., company’s stock is down about 12 per cent in 2013 and has lost almost third of its value over the last year.