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Gun debate 101: Is the AR-15 as popular as the iPod?

The commando-style rifle, used in the Sandy Hook shootings, is now the most popular gun in America. Anticipating new gun-control measures, consumers are depleting stocks and driving up prices.

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Brandon Smith poses with his AR-15 rifle during a pro-gun and Second Amendment protest outside the Arizona State Capitol in Phoenix on Jan 19. Gun rights activists held 'high noon' rallies across the United States to defend the right to own firearms, which they say is being threatened by President Obama's gun-control proposals.

Joshua Lott/Reuters/File

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FBI background check data released Wednesday suggests that America's great run on guns continues nearly unabated, as another 2.5 million guns flew off the racks amid manufacturer struggles to keep up with demand.

The most popular and hard-to-find weapon on American shopping lists? Undoubtedly the assault-style rifle, specifically the frame known as the Armalite Rifle-15, or AR-15, the same model used by Adam Lanza during his deadly rampage at Sandy Hook Elementary School in Newtown, Conn., on Dec. 14. "The most wanted gun in America," The New York Times intoned in a headline over the weekend, documenting a national obsession with the commando-style rifles.

The main reason gun buyers are lining up, of course, are concerns that Congress will ban the weapons, as many states already have. The result is that stores like Walmart are frequently running out of stock, and many buyers are turning to gun shows to find used versions, at prices that have doubled, sometimes tripled, since the Newtown massacre.

What is the AR-15, and what makes it special?

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