Must Read Rumors

Prince Harry calls Duchess Kate the ‘big sister he never had’

The royal recently made a sweet revelation about his sister-in-law.

Duchess Kate’s next engagement scheduled at Victoria and Albert Museum

Prince William’s wife is set to visit the Victoria and Albert Museum in London next week.

Duchess Kate isn’t pregnant with baby no.3, despite report

A new rumor has surfaced, claiming that the royal couple is expecting their third child.

Meghan Markle avoids Prince Harry questions at ATX panel

Meghan Markle was faced with the question that everyone is curious about.

Kate Middleton and Prince William to embark on royal tour of Poland and Germany

The Duke and Duchess of Cambridge, née Kate Middleton, have announced an official visit to the two countries in July.

Prince Harry calls Duchess Kate the ‘big sister he never had’
Duchess Kate’s next engagement scheduled at Victoria and Albert Museum
Duchess Kate isn’t pregnant with baby no.3, despite report
Meghan Markle avoids Prince Harry questions at ATX panel
Kate Middleton and Prince William to embark on royal tour of Poland and Germany

iPhone 5 rumors: Apple could sell 250M units with next iPhone, analyst says

by Nicole
August 20, 2012 at 12:11 pm

As the release date of the iPhone 5 is fast approaching an analyst is predicting a huge success for Apple’s next smartphone.

FBR Capital analyst Craig Berger believes that the iPhone 5 will be the company’s “most impactful” device so far.

He estimates that the handset will sell 250 million units during its lifespan, grossing a total of $144 billion in revenue.

“We calculate that the device represents an opportunity to generate earnings of $50 per share throughout its life cycle,” Berger wrote in a research note.

“We estimate that Apple should sell 250 million iPhone 5 units at an average ASP of $575, generating nearly $144 billion in revenue, $77 billion in gross profit, and $47 billion in net income.”

Berger also believes that Apple will launch the iPhone 5 on China Mobile’s service next year.

“If China Mobile launches the iPhone in early 2013, we anticipate that Apple could generate 13 million units sold [to China Mobile customers] in the first half of 2013,” Berger wrote.

China Mobile is the world’s largest mobile carrier with 688 million subscribers and rumors of a partnership with Apple have been around for long.

As for specs, Berger expects that the rumored larger screen, faster processor, and NFC technology could lead to huge sales.

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