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Kate Middleton coloring hobby revealed by Prince William
Kate Middleton reportedly delighted about Prince Harry’s relationship with Meghan Markle
Kate Middleton comforts mother of autistic teen at Place2Be charity event
Kate Middleton reveals Prince George loves dinosaurs and Princess Charlotte is ‘chatty’
Kate Middleton is ‘an amazing mother and a fantastic wife,’ Prince William says

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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