iPhone looking to take back its crown of the highest selling phone in the U.S from Samsung’s Galaxy S3
San Francisco, CA -- (SBWIRE) -- 09/10/2012 -- iPhone 5 sales are expected to hit 10 million in only the first week of the phone being released.
Apple iPhone 5’s much awaited release is finally arriving. The date has been set for the 12th of September. Apple has invited media to a product event on the date and it is very likely that it will be the new iPhone that is going to be unveiled at the event.
Apple’s successful phones have had unprecedented sales in the past and, the phone popularity has been growing and growing since its first launch back in 2008.
The phone is likely to go on sale from the 21st September. Investors have noted that the projection of iPhone 5 sales are huge; they have said that it could be anywhere from 6 million to 10 million. The estimate is taking the week from September 21st to the end of the month into consideration for this.
Apple sold almost 4 million iPhone 4s last year in the first three day weekend they were available. Apple released the sequel to the iPhone 4 last year without making any design changes. Now that the iPhone is speculated to make major changes to its phone including a completely new design sales are expected to grow even more this year.
"Later this month, we expect the iPhone 5 to reaffirm Apple's leadership position in markets recently penetrated by the iPhone 4S," the analyst said in an investors note out today. "In addition, given the addition of LTE, we believe the iPhone 5 will be established as a technology leader, versus other available smartphones."
The iPhone recently lost its crown as the top-selling smartphone in the U.S to Samsung’s Galaxy S3 last month but the iPhone 5 is expected to take the crown back from Samsung.
Overall it is expected that total iPhone sales will reach at least 26 million units for the full September quarter, higher than average Wall Street estimate of 22 million to 23 million.
iPhone4s5Cases.com (http://iphone4s5cases.com) is a website that sells iPhone 4S covers and will be selling the iPhone 5 covers as well as soon as the phone is released.
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