 |
| iPhone 5 |
The upcoming
iPhone 5, which is reportedly set to be introduced by September, will become
the leading smartphone in the market by next year as indicated by Mark
Moskowitz, an analyst from JP Morgan.
The upcoming
device will feature a number of hardware upgrades and will be supported by new
services from Apple, which will allow it to become the leading smartphone for
the coming year. The iPhone 5 is expected to turn heads due to the upgrades
that it will feature including 4G LTE support.
According to
a note from Moskowitz to investors, the innovative hardware upgrades and new services, including Maps, Passbook, and FaceTime, will allow the iPhone 5 to
top the smartphone market in 2013.
Despite this
positive outlook with the upcoming release of the iPhone 5, the projected sales
and earnings for the second quarter of Apple were slightly lowered by JP Morgan
due to macroeconomic challenges. However the lower projected sales for the
iPhone in the third quarter is not unusual for the device, since this typically
happens in the quarter prior to the release of a new model of the device.
However, the
projections for the fourth quarter were increased by JP Morgan basing of the
expected demand in the market for the upcoming iPhone 5. Apple may also have to depend more on the
sales of the iPhone following the reduction in the projections for the sales of
the Mac and iPad by JP Morgan.
Moskowitz
indicated that the higher projected sales of the upcoming iPhone 5 will offset
the lower expected sales of the Mac and the iPad. The iPhone recently
celebrated its fifth year in the market and despite a number of uncertainties
when it was initially introduced by Apple one million units were sold in less
than three months.
Over 218
million units of the device were already sold by Apple and this number is
expected to increase with the upcoming release of the iPhone 5.
No comments:
Post a Comment