Apple’s iPhone 5 estimated to sell 10 million in a week


Apple’s latest phone hasn’t even been officially announced yet and already analysts are expecting very impressive things from it. A dip in sales in the second quarter of this year, which could perhaps be attributed to consumers waiting for the next device from Apple, may be compensated for when Apple puts their newest phone on sale say analysts.

Wall Street is reportedly expecting Apple to move between 22 and 22 million iPhones for the September quarter but, should the phone become available for sale on 21 September as is widely expected, early sales may be higher than that.

Piper Jaffray analyst Gene Munster has said that Apple might manage in the region of between 26 and 29 million new iPhones sold for the quarter if the speculated 21 September on-sale date is correct. The last week of September would possibly be a blockbuster for Apple, with Munster saying “We believe that if the 21st is the actual ship date, Apple could sell 6 million to 10 million iPhone 5s in the final week of September barring supply issues.”

Source: AllThingsD


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