Apple will sell 10 million iPhone 5 in one week, analyst

Karen Haslam
10 September, 2012
View more articles fromthe author

Piper Jaffray analyst Gene Munster believes that Apple could sell as many as 10 million new iPhones in the first week of iPhone 5 sales.

If Apple achieves those sales before the end of its fourth quarter on 30 September, it could push up iPhone sales to 28 million for the quarter, exceeding expectations of between 22 million and 23 million. Apple sold 26 million iPhones in its third quarter, which ended on 30 June.

There is so much pent up demand for the iPhone 5 that Munster believes Apple could sell between 6 million and 10 million new iPhones in the final week of September. It is expected that the phone will go on sale on Friday 21 September. Apple yesterday invited press to a launch event for what appears to be the new iPhone. That event is scheduled for Wednesday 12 September in the US – 3AM Thursday morning on Australia’s east coast.

Apple sold 4 million iPhone 4S smartphones in the first three days after it went on sale last year. There were 1.7 million iPhone 4 sales in the first three days, reports Apple Insider.

The new iPhone 5 is rumoured to offer 4G, new Airplay Direct technology, better battery life, and new headphones. However rumours claim the iPhone 5 will not have NFC (Near Field Communication).

Leave a Comment

Please keep your comments friendly on the topic.

Contact us