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October 4, 2011

iPhone 5 Launch Day Sales Expected at 1.7 Million









Iphone  Sales  per Quarter
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.

 Sources in the Industry 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.

If Apple  manages to sell 110 million iPhones, it will generates $140 billion in sales overall, and earns $34.50 per share for fiscal 2012. Apple reported $12.3 billion in iPhone sales last quarter, half of its overall revenue, and up 126% year-over-year.

Wall Street analysts are already predicting record first day sales for Apple’s iPhone 5.
Demand and anticipation for a new iPhone is always high, but thanks to a 16-month gap between the release of the iPhone 4 and its successor, customers are more excited about the iPhone 5 than ever.

In 2010, the iPhone 4 moved 1.7 million units in its first three days of release and was Apple’s most successful product launch ever. Apple's iPhone has gone from zero to half of Apple's revenue in less than 4 years.

The real story for Apple continues to be the iPhone which did $13.3 billion in sales for the quarter. The iPhone and iPad are now 66% of Apple's sales, impressive considering how relatively new the products are.