Analyst: iPhone 5 Sales Could Hit 10 Million In First Week Itself

Posted on Sep 5 2012 - 1:06pm by Editorial Staff

silver apple logo1 Apple Market Cap Reaches $632.54 Billion, Higher Than Microsoft, Google, Facebook, Amazon Combined

With Apple confirmed last day that it is holding an iPhone 5 event on September 12th, AllThingsD is reporting that what according to Piper Jaffray analyst Gene Munster research note today “if [September 21] is the actual ship date, Apple could sell 6 million to 10 million iPhone 5’s in the final week of September barring supply issues.”

While Wall Street currently expecting that Apple to report sales of between 22 million and 23 million iPhones during the September quarter itself, but if the shipping date will be as decided i.e. on September 21, then sales could definitely be even higher.

Also J.P. Morgan analyst Mark Moskowitz said also today in a research note (via ZDNet) that the new iPhone 5 will “not be hampered by chip and display-related supply chain shortages” as previously expected.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.