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Apple predicted to sell 250 Million iPhone 5

Aug 20 2012, 8:49am CDT | by , in Rumors | Apple

Apple predicted to sell 250 Million iPhone 5

An analysts puts the overall life cycle sales of the new iPhone 5 to 250 million.

The Apple stock has passed today the $650 mark and is trading right now at $654. This upward trend is very likely to continue for the rest of the year as Apple is set to launch the next iPhone. AppleInsider reports that analyst Craig Berger at FBR Capital Markets predicts that Apple will sell a quarter billion iPhone 5 over all. Berger also sees Apple to sell more than 13 million iPhone 5 devices in Q4 2012.

I hope Apple has made enough iPhone 5 devices to satisfy demand for it and keeping wait times low. Apple is supposed to announce the new iPhone 5 on September 12 and also start the pre-ordering on the same day.

Rumored features of the new iPhone 5 include a larger screen, A6 CPU, iOS 6, small dock connector, 4G LTE and NFC. The overall design would not change dramatically. The backside material is not glass anymore as Apple introduces a unibody design. The rumors also say that the iPhone 5 is very thin.
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