IPhone 5 could break sales records

Apple's long-awaited smartphone is expected to sell 10 million units within weeks of its release.

By Benzinga Sep 11, 2012 3:43PM
By Louis Bedigian

Apple's (AAPL) highly anticipated smartphone has been met with record demand and a plethora of rumors that suggest a massive shortage this fall. A new report by Bloomberg says otherwise, indicating that Apple could break its own records and sell 10 million units within weeks of the device's release.


This milestone could top sales of the iPhone 4S, which sold more than 30 million units over the course of three months.

 
Post continues below.
The Wall Street Journal reported this week that the iPhone 5's success could also boost the American economy, adding between a quarter and half a percentage point to gross domestic product in the fourth quarter. This prediction comes from J.P. Morgan's chief U.S. economist, Michael Feroli, who estimates that Apple will sell 8 million iPhone 5 units domestically before the year's end. In the fourth quarter alone, the iPhone 5 could add $3.2 billion to the GDP.


Apple is expected to unveil an iPhone that is drastically different from its predecessors. The most common rumors promise a thinner body, longer touch screen, bump in resolution, refined camera, faster processor, longer battery life, 4G LTE support and a new mobile payment component. Other rumors have been more extravagant, hyping everything from an edge-less display to a bendable screen that is virtually indestructible.


Hype for the iPhone 5 is fast approaching an all-time high for its producer, with numerous reports claiming that the demand far outweighs that of the iPhone 4 and the iPhone 4S.


There has been little talk about the possibility of an upgrade to Siri, the voice-activated virtual personal assistant that accompanied the iPhone 4S. Although widely expected that Apple will upgrade the software, but it is unclear in what form.


In preparation for the iPhone 5's release, Apple is said to have shifted away from using Samsung components. Apple is believed to have distanced itself from Samsung after facing a heated legal battle with the company this summer.


That move could cost the company, as it could impact the iPhone 5's supply chain.

When Apple's new smartphone is unveiled, it will be scrutinized and compared to a host of competitors, including Nokia's (NOK) Lumia 920, Samsung's Galaxy Note II and Galaxy S III, and three new Razr phones from Google (GOOG) and Motorola.


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53Comments
GoGators81
Sep 11, 2012 4:49PM
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Lets see... the new iPhone5 is rumored to have... a larger screen (most new androids already has it), thinner body (once again andriod), better camera (check, android), 4g LTE (android 2 years ago), faster processor (check check check), near field radio (need I say more), etc, etc, etc.

 

OMG, iPhone5 will be the newest latest in all technology!!! And somehow apple is suing Samsung for copying its features.  Look in the mirror.  Apple is yesterday's technology which sells the image of being hip and trendy. 

KittenPlaysTheViolin
Sep 11, 2012 4:10PM
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The sheeple need their new gadgets right away!

steve246810121416
Sep 11, 2012 5:28PM
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....and everyone has to have a new one why ?
havasu46
Sep 11, 2012 5:36PM
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Great the iPhone 5 adds  .25-.5% more of the GDP that goes to Chinese suppliers and workers. What would happen to the US economy if that $21b were spent buying US manufactured mechandise?  Might as well shoot yourself in the foot.
jjsjjsva
Sep 12, 2012 1:55AM
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Lets see, new i-Phone and data plan with massive overcharges or health insurance?  One has to have priroities.

GOKOU
Sep 11, 2012 10:24PM
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Way over price!!!!

Idiots still buying and driving up the price.

derfy
Sep 12, 2012 6:28AM
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It's surprising how po everyone is yet I see ghetto people in the hood and temp's where I work with these smart phones. I have a cell phone that it communication text. I have a nice home computer for internet . I see why people are po. Smart phone contracts w/my service are more than I want to spend.
s1b5c7
Sep 12, 2012 10:59AM
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Dear MSN, How much is Apple paying you to write these articles?

Thanks!

tim723
Sep 11, 2012 5:11PM
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it is not the technolgy that they are selling, is selling the identity that the comsumers had lost.
John N.IL
Sep 12, 2012 9:50AM
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I'm sure Apple will sell a lot of phone early on. Apple is great at stimulating the impulse buyer. The question is can Apple's iPhone stimulate down the road with those that think out a decission before buying? Their are a lot of choices these days with smart phones. American's have always loved Apple and its products for some time now. But I do think the service providers in the US will affect sales. Many have made it tougher to upgrade or have extended upgrade periods or fee's. You may want a new iPhon but can you afford it?
dangler333
Sep 11, 2012 7:21PM
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fake shortages make the Kool-Aid kick in harder. no thanks !!!
KittenPlaysTheViolin
Sep 12, 2012 11:37AM
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Here, take my money.  I need a new phone every year!
siber626
Sep 12, 2012 12:23PM
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K look nobody in their right mind should pay the outright asking price for this device when their being made for pennies on the dollar. Also, nobody in their right mind should sign a two year contract where the data plan is forced on you just to play with this toy. All carriers should offer smart phones where the data plan is optional making them more accessible to the average lower middle class person. A simple way around some of this is to buy and jailbreak a model with a sim card and go with a carrier that doesn't require a contract or data plan. You'll sacrifice some of the over rated nonsense but you'll save a lot of money. 
Tommy Subway
Sep 12, 2012 10:56AM
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So they aren't adding any new features other than 4G LTE which Android phones have had for 2 years now?  No NFC chip which Android has had for a while now?  Apple needs to step it up if they want their elitist users to not have to delude themselves into thinking they have the best phone available.  I give them credit, they re-imagined and re-invented the way people use phones.  They changed the way we work and live.  I'd hate to see them fall behind the curve when they have the ability to innovate.  It would suck if they wound up like RIM.
Who was phone
Sep 12, 2012 10:39AM
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The most child slave labor record?
Productivity
Sep 12, 2012 8:36AM
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business is so slow we probably could go back to  rotary dial
Another concerned American
Sep 11, 2012 7:00PM
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STUPID AMERICANS BUYING EVERY NEW ELECTRONIC DEVICE THAT COMES OUT LIKE THEY CAN'T LIVE WITHOUT. I'M TIRED OF HEARING ABOUT THE CHINESE DEVOLPING SOMETHING NEW FOR THE DUMB --- AMERICAN YOUTH TO RUN OUT AND BUY.HOW DOES THAT HELP OUR ECONOMY?WELL NOT,BECAUSE NON OF THAT ---- IS DEVELOPED AND MADE HERE! 
CIRCLESS
Sep 11, 2012 8:52PM
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Please don't tell me that, what is wrong with all these people giving all this money to Apple.  This company rips you off everything you pay that price for those phone etc.   You all need to say, get the price down or forget it.  They will lower the prices that you pay of that I am sure.
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