Apple could sell 10M ‘boring’ iPhone 5s at launch

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Apple CEO Tim Cook, with two giant iPhone 5 images behind himIf you’re one of those people “unexcited” by the latest iPhone, consider yourself a part of a vocal minority, because everyone else is thrilled.

So thrilled that Piper Jaffray analyst Gene Munster estimates that Apple could move 6 million iPhone 5s during the device’s first weekend. And that’s a low-end estimate.

On the high-end, Munster says that Apple could sell up to 10 million of its “boring” and incremental new devices.

Munster’s estimates come after Apple announced the iPhone 5 had marked a new record, with 2 million pre-orders in the first 24 hours. That’s two times as many as what the iPhone 4S pulled in during the same time span.

Bullish estimates on Apple’s potential iPhone 5 sales helped bump the company’s stock price past $700 in after-hours trading. The stock closed at $699.80

Apple’s next iPhone goes on sale this Friday, September 21, at 8 a.m — and if you want one, you should probably start lining up now.

Photo: Dean Takahashi/VentureBeat


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