J.P. Morgan’s analyst Mark Moskowitz says the iPhone 5 will reign as leading smartphone in 2013. This latest version of the iPhone should arrive this September according to the analyst, with its production all throughout the last quarter of this year. This handset will offer and support 4G LTE and other upgrades that you have never seen before. The iPhone 5 will also create a huge splash the last quarter of 2012, and it will slowly bust surely ensure its dominance into 2013.
Mokowitz wrote in an investors note and I quote “We think that a combination of revolutionary hardware enhancements and software-driven services (i.e. Passbook, Maps, FaceTime over cellular) stand to reaffirm the iPhone as the leasing smartphone in 2012”.
However, in the meantime, Apple is facing a couple of bumps along the road with the release of powerful quad-core handsets. J.P. Morgan has slightly trimmed its calendar-year (second-quarter sales and earnings) estimates for Apple based on their “macroeconomic challenges”. This means that tough time are expected for hardware vendors.
The said firm has also lowered their projections for the sales of iPhone for the third quarter. But we all know that this kind of slowdown in iPhone sales is not unusual or new in the quarter before a new phone model is released. Based on the much anticipated demand for the iPhone 5, the firm (J.P. Morgan) has increased its 4thquarter sales estimates for the said new iPhone. Apple may rely more on its iPhone if J.P. Morgan’s lower sales predictions for the Mac and iPad are true.
Mokowitz added and I quote “Overall, our expectation of stronger iPhone unit sales and the related mix benefits partially counters our lower growth assumptions for the iPad and Mac businesses”.
The iPhone will be celebrating its fifth birthday. This is despite doubts about the initial phone; the Cupertino Firm sold a million of them in the first seventy four days alone. The firm has since managed to sell more than a 218 Million of iPhones and it generated about $150 Billion in sales alone.