Apple could sell 10 million iPhone 5 units in its first week

Today has been exciting, hasn’t it. It may have started slow, but I know my heart got racing around noon today, EST. That’s about when Apple sent out its invites for the September 12th event that is more than likely going to be the inevitable announcement of the iPhone 5 (yes,iPhone 5 is what seems to be what Apple is calling it). Well now that we are fairly sure of when it will be arriving, it’s time to look at some analyst reports of how many are expected to sell.

Analyst Gene Munster with Piper Jaffray sent out a note stating that he believes with the announcement of a new iPhone this month, expectations for iPhone sales should be much higher than the usual 22-23 million per quarter. He even is saying that the iPhone 5 will sell as much as 8-10 million in its first week of availability (if preorders don’t already amount to that). Even if Apple just barely touches the 8 million unit prediction within 3 days, it will shatter the 4 million record currently held by the iPhone 4.

Most are expecting that the device will go on preorder immediately following next Wednesday’s event, and proceed to be released on September 21st. This would leave a week in the quarter to reach that 10 million goal, which, looking at how many people are anticipating and preparing to open their wallets to grab Apple’s latest and greatest, doesn’t seem too far out there. I will personally be one of the many that preorder the device.

What do you think? Excited for the next iPhone? Will Apple yet again set the record? Let us know in the comments.


Via: AppleInsider

Tags: , , , , , , , , , , ,

  • I think it’s a big ask to set another record. The iPhone 4S was surrounded by a lot of other influences, the biggest being the passing of Steve Jobs and the unofficial labeling of the iPhone 4S (iPhone For Steve). It also had some pioneering features such as SIRI. The ‘new’ iPhone is going to have to pull something out the bag to beat that.