Source: http://www.businessinsider.com/chart-of-the-day-the-iphone-5s-unprecedented-demand-2011-9
Apple’s reported decision to release a new iPhone in the fall, as opposed to the summer, will deliver massive sales, writes RBC analyst Mike Abramsky in a note.
RBC surveyed 2,200 consumers and found “unprecedented demand,” with 31% of consumers very/somewhat likely to buy an iPhone 5, which is stronger than the 25% of consumers that were very/somewhat likely to buy an iPhone 4, when RBC did the same sort of survey before it launched.
Further, Abramsky says that Apple’s delay could cause a bigger upgrade from existing iPhone owners, since the iPhone 4 is 15 months old. He says 66% of existing iPhone owners are very/somewhat likely to buy a new iPhone.
He’s bumping his estimates for Apple’s 2012 fiscal year as a result. He thinks the company sells 110 million iPhones, generates $140 billion in sales overall, and earns $34.50 per share for fiscal 2012.
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
See Also:
- THE APPLE INVESTOR: iPhone Estimates For 2011 Cut By 10%
- HTC President: "iPhones Are Not That Cool Anymore"
- THE APPLE INVESTOR: Investors Too Cautious About 2013 Growth
—
drag2share – drag and drop RSS news items on your email contacts to share (click SEE DEMO)