Wall Street analysts are already predicting record first day sales for Apple’s iPhone 5.
Demand and anticipation for a new iPhone is always high, but thanks to a 16-month gap between the release of the iPhone 4 and its successor, customers are more excited about the iPhone 5 than ever.
In a note to investors, Ticonderoga Securities analyst Brian White expects “pent up demand” for a new iPhone to “shatter” single day sales records. In 2010, the iPhone 4 moved 1.7 million units in its first three days of release and was Apple’s most successful product launch ever.
Cult of Mac cites Janney Capital Markets analyst Bill Choi, who is telling investors he expects Apple to push 84 million iPhone units through the end of 2011 and up to 107 million in 2012. According to Choi, “Apple is well positioned to capture an enormous profit pool as mobility and content worlds converge.”
I spent seven hours in line to get my reserved iPhone 4 last summer. My line buddy remarked that he spent less time waiting in line to get tickets to see Elvis in concert in the 1960s. At the time, I said, “never again.” Of course, if I can’t snag a device online, I will be one of the thousands of people lined up outside of the 5th Avenue Apple Store.
The next iPhone is rumored to have a faster dual-core processor, a thinner profile and perhaps a larger screen. It will also feature a host of new improvements and enhancements thanks to iOS 5, including voice recognition and discovery, deep Twitter integration, better notifications and Apple’s new iCloud platform.
Will you wait in line for the iPhone 5? Let us know in the comments.