An analyst believes the iPhone 5 will become the best-selling gadget in history.
“This is going to be the best-selling consumer electronics device of all time, bar none,” said Carl Howe, an analyst at Yankee Group. He’s one of the many analysts who envisions Apple selling more than 10 million iPhone 5 units by the end of the month, subsequently besting the sales record achieved by the iPhone 4S last October.
However, while the commercial future is looking bright for the iPhone 5, Apple may not have added enough new features, argues Anil Doradla, an analyst at William Blair & Co.
Although the company did a commendable job of improving different functions over the previous iPhone, we did not come away with a wow factor.
By the end of 2012, it’s expected that as many as 58 million units of the iPhone 5 may be sold. That would generate revenue of $36.2 billion in sales for Apple, with two million units of the iPhone 5 already sold via pre-orders.
The iPhone 5 officially launches this Friday at 8 AM in the US and UK.