“Apple could sell as many as 250 million units of new iPhone and generate profit of more than $50 per share pointed by Forbes,” says a financial analyst terming the release of Apple’s iPhone 5 historical.
Upcoming iPhone 5 will be one of the biggest single product in Apple’s history, Craig Berger of FBR Capital said.
Berger said “Together, we expect the two positive catalysts will help drive one of the largest and balanced product cycles in Apple’s history”.
The estimate comes as tech sites and forums are already filled with apparent leaked parts of iPhone 5.
The iPhone 5 will utilize the 4G LTE cellular network, operate on a quad-core A6 processor and include 1 GB of RAM, the most memory ever for an iOS device.
But the question is that ‘will Apple be able to sell 250 million units of the iPhone 5?’