Analysts all over the world have been out there, trying their hand at predicting the records that Apple's fifth generation iPhone may or may not set. But the most interesting of all is the one by Gene Munster's, an analyst at Piper Jaffray. He believes that Apple will sell about 8 million units in its opening weekend. What sets his theory apart is the fact that his prophecy does not only consider the massive pre-orders and comparisons to Apple iPhone 4S's performance last year, but also the lengths of the lines in front of Apple stores. Close observation of the lines in front of Apple stores in New York, Boston and Minneapolis showed that the crowd has grown by a staggering 83 per cent than that for the iPhone 4S. It was this observation that led Gene Munster to conclude that the Cupertino-based Apple Inc.
will sell about 8 million iPhone 5 units in its opening weekend. This figure stands right in the middle of its previous forecast of 6 – 10 million. However, Apple iPhone 5's sales figure for the first quarter since its availability is expected to reach a behemothic 49 million. If the said predictions actually comes true, Apple will then be able to close the gap between its own and Samsung's sales. Apple had earlier declared that the pre-orders for the newest iPhone, i.e. iPhone 5, crossed the 2 million mark in 24 hours. With this, Apple iPhone 5 sets the record of being the fastest-selling iPhone in the history of Apple Inc. Also, the huge numbers may cause a delay in the shipment of the pre-ordered Apple smartphones.
Source: - iPhone 5 May Set A Record In Its Opening Weekend