By Yoshinori Eki and Naoko Fujimura - Oct 14, 2011 10:10 AM GMT+0700
Softbank Corp. (9984) halted orders for Apple Inc. (AAPL)’s new iPhone 4S for about three hours today because of a computer glitch. The stock fell as much as 3.7 percent.
The computer system that registered customer information went down soon after the iPhone 4S debuted for sale at 8 a.m. in Tokyo, spokeswoman Makiko Ariyama said today by phone. The problem was fixed and orders resumed at about 11 a.m., she said.
More than 200 people had gathered in line in front of a Softbank shop in Tokyo before the phone went on sale. Softbank, Japan’s third-largest wireless carrier, lost its three-year monopoly on selling Apple’s iPhone in Japan when bigger rival KDDI Corp. (9433) began selling the 4S.
Softbank slipped as much as 3.7 percent before trading down 2.4 percent at 2,484 yen at the 11 a.m. trading break on the Tokyo Stock Exchange. KDDI rose 2.1 percent to 591,000 yen.
To contact the reporters on this story: Yoshinori Eki in Tokyo at yeki@bloomberg.net; Naoko Fujimura in Tokyo at nfujimura@bloomberg.net
To contact the editor responsible for this story: Michael Tighe at mtighe4@bloomberg.net
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