Analysts are going ga-ga for Apple's next iPhone, predicting a tremendous sales boost of when the handset arrives this year.
Specifically, FBR Capital analyst Craig Berger has big ideas for the iPhone 5, projecting sales of 250 million units over the course of its lifespan.
"We expect the iPhone 5 … has the potential to generate the most promising device upgrade cycle in Apple's history," Berger said.
"We estimate that Apple should sell 250 million iPhone 5 units at an average ASP of $575, generating nearly $144 billion in revenue, $77 billion in gross profit, and $47 billion in net income."
China is the key
To put 250 million iPhone 5 sales in perspective, as of March Apple has said it sold 365 million iOS devices worldwide. So how will the iPhone 5 reach sales that approach all previous iOS device sales combined?
The new iPhone is expected to be a significant upgrade over the current devices in a number of areas, including a larger 4-inch display and NFC support.
But the key to such strong iPhone sales rests overseas in China. China Mobile, the country's largest wireless carrier, is expected to start distributing the next iPhone some time in 2013. With an audience of 683 million subscribers gaining access to the new iPhone, that 250 million figure starts to look a whole lot more reasonable.
Of course, first Apple needs to actually announce the new iPhone. The announcement is rumored to take place during a special event in September, with the actual launch later that month.
Find out all the latest gossip surround the next Apple handset with our iPhone iPhone 5 release date, news and rumours article.
Source : techradar[dot]com
Post a Comment