The Apple Inc.(NASDAQ:AAPL) iPhone 5 is making waves ever since its launch. The sales figures have smashed previous records with 2 million units being pre-ordered within a time span of 24 hours. During its first weekend when it hit the shelves, over 5 million phones have been sold and analysts from JPMorgan Chase & Co. are predicted that the newest iPhone might dispatch 50 million units in the last quarter of the year.
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According to Katy Huberty, 25 million iPhone 5 phones will be sold before the month end. Suppliers and carriers are working round the clock to cope with demands of what is clearly the hottest gadget of the year.
will play a significant role in boosting sales of the newest iPhone. There are
numerous new carriers who have collaborated with Apple this year, like China
Unicom, China Telecom, and China Mobile. Unicom might be dispatching iPhone 5
units as early as December, while Telecom will follow suit in the first quarter
of next year. China Mobile might soon release iPhone 5 models that will use the
highly coveted LTE technology.
New carriers mean new customers as well, and judging by the super performance of the smartphone, Apple will be making profits hand over fist. Due to the LTE capabilities of iPhone 5, Apple will soon introduce numerous upgrades in the coming year. The company is no doubt at the pinnacle of success, and it will be fascinating to keep a watch if they can continue to replicate it in the coming years as well.