Verizon has set a record for launch-day sales in just two hours with the iPhone 4 pre-orders. Additionally, the company reports that it has sold out of its entire allotment of pre-orders.

“This was an exciting day,” said Dan Mead, president and chief executive officer for Verizon Wireless. “In just our first two hours, we had already sold more phones than any first day launch in our history. And, when you consider these initial orders were placed between the hours of 3 a.m. and 5 a.m., it is an incredible success story. It is gratifying to know that our customers responded so enthusiastically to this exclusive offer designed to reward them for their loyalty.”

Source: DigitalTrends.com