(Credit: Apple)
Apple could be the beneficiary of iPhone 5 sales as high as 10 million, and that's just in the phone's first week, says Piper Jaffray analyst Gene Munster.
The iPhone maker sent out invitations yesterday to a product event on September 12 in which it's expected to launch the next-generation iPhone. Previous reports had pointed to that day and also cited Friday, September 21, as the date the phone will go on sale.
With that date in mind, an investors note released today by Munster projects iPhone 5 sales of anywhere from 6 to 10 million. That estimate covers September 21 to the end of the month.
Last year, Apple sold 4 million iPhone 4S units during that phone's first three-day weekend in October. A full 10 million in sales over a little more than one week seems attainable this year, as long as there's enough supply to meet demand.
Overall, the analyst is eyeing total iPhone sales of at least 26 million units for the full September quarter, higher than the average Wall Street estimate of 22 million to 23 mil... [Read more]
via CNET http://feedproxy.google.com/~r/cnet/NnTv/~3/624DUZpapUA/
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