Apple’s new iPhone 5 was revealed Wednesday, Sept. 12. As one can imagine, this has been the talk around the world. Almost everyone has an iPhone these days, thus everyone is dying to get his or her hands on this newly launched product.
The iPhone 5 will feature a larger 4-inch display, 4G LTE connectivity and a redesigned case that is taller and thinner than the current model.
According to Apple analysts, the iPhone 5 will be the company’s biggest iPhone launch ever. Topeka Capital Market’s analyst Brian White has called the iPhone 5 the “biggest upgrade in consumer electronics history.”
According to White, “investors should strap in for a crazy ride because Apple’s iPhone event on Wednesday is just the beginning.”
White states, “The iPhone 4S sold over 4 million units in the first three days, and assuming supply chain constraints aren’t a major issue and the seven country rollout ensues, we believe at least 5 million to 5.5 million iPhone 5’s can be sold in the same time frame. With similar caveats, we believe Apple could sell 10 million to 12 million iPhone 5 units in 4QFY12, making our iPhone projects look conservative.”
White sees Apple selling between 5 million and 5.5 million units later this month. He notes that economic fourth-quarter sales could easily double that estimate.
Besides the new iPhone, rumors say that Apple is creating new Macs and a totally new iPod lineup. Larger updates later this year consist of the new iPad mini, and possibly an updated full size iPad as well.
White says that plenty more products are coming from the Cupertino, California-based company in 2012. Then, in 2013 White says a new Apple- branded HDTV may finally launch as well.