Apple will expectedly post new record earnings in its fourth fiscal quarter after the launch of its iPhone 5, according to industry analysts’ forecast.
IHS senior analyst Wayne Lam spoke ahead the launch of iPhone 5 that Apple’s latest smartphone will stop its dropping sales figures.
For the second quarter of this year, Apple iPhone shipments declined 26 percent down to 25 million units, a sizeable drop from the 35 million in the first quarter.
“Apple’s smartphone shipments typically are weak during the quarter preceding the launch of a new Iphone model,” said Lam.
“Buyers historically have delayed their purchases until the newest model is available. Then they rush out to get the latest and greatest version once it’s being sold, leading to a spike in demand. IHS predicts the same pattern will occur with the iPhone 5.”
He added that the new iPhone 5 could drive an increase in total smartphone shipments worldwide; the iPhone 5 will strengthen total shipments by 74.2 million units in this year alone.
IHS numbers suggest sales will catch up from the mediocre 272.3 million smartphones sold during the first half of 2012.
Gene Munster, managing director and senior research analyst at Piper Jaffray, said that the iPhone 5 could be Apple’s bestselling smartphone yet.
He added that Apple could ship over 10 million iPhone 5 devices within the first week of release.
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