Apple could sell up to 8M iPhone 5s and 5c units over launch weekend analyst says
While many market watchers are concerned that Apple has not announced preorder numbers for the iPhone 5c and may face supply constraints with the iPhone 5s, one analyst believes launch weekend sales will blow past last years record setting iPhone 5 performance. According to KGI analyst Ming-Chi Kuo, Apples silence may simply be a strategy to conceal the exact iPhone 5s and 5c sales breakdown from competitors, and does not necessarily mean preorders for the plastic shelled device are weak. In fact, Kuo said in a note to investors on Wednesday that Apple will likely ship 6 to 8 million new iPhones over the devices first weekend of sales. By comparison, Apple racked up 5 million sales when the iPhone 5 debuted last year. Earlier in the day, Piper Jaffray analyst Gene Munster forecast 5 to 6 million unit sales, a more conservative number based on the prior models in-store launch sales. Kuo believes Apple wont show its hand until the launch weekend is over, combining total iPhone 5s and 5c ...
