‘Apple iPhone 5 sales could hit 10 million mark in week’

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New York: As the Samsung has claimed to have sold over 20 million units of Galaxy S3 smartphone within 100 days of release, Analysts have predicted that the US firm Apple’s much-awaited iPhone 5 could hit the 10 million sales mark in its first week.

Apple is expected to launch the iPhone 5 at an event on September 12.

Some reports suggest that the new phone will reportedly go on sale on Friday, September 21.

With that date in mind, Piper Jaffray analyst Gene Munster projects iPhone 5 sales of anywhere from 6 million to 10 million, Indian express reports.

According to the report, last year, Apple sold 4 million iPhone 4S units during that phone’s first three-day weekend in October.

The analyst predicts that a full 10 million in sales over a little more than one week seems attainable this year, as long as there’s enough supply to meet demand.

Overall, the analyst is eyeing total iPhone sales of at least 26 million units for the full September quarter, higher than the average Wall Street estimate of 22 million to 23 million, the report said.











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