Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Mobile Tech
24/7/365 Network Uptime!
Average Rating:
Rate this article:  
Analysts Peg Weekend iPhone Sales at 5 Million-Plus
Analysts Peg Weekend iPhone Sales at 5 Million-Plus

By Jennifer LeClaire
September 19, 2013 12:27PM

    Bookmark and Share
The new iPhones are expected to fly off the shelves just as quickly as they hit the shelves this weekend. But will advancements in the iPhone 5c and iPhone 5s be enough to help Apple sell past the 5- or 6-milion mark this weekend? Analyst Roger Entner says revolutionary changes in the 5s will help sales, and some will even buy it just for the gold.
 



For the first time ever, some industry watchers are questioning how well Apple iPhones will sell out of the gate. Much of that speculation is based on pre-order figures, or the lack thereof. Now, Piper Jaffray analyst Gene Munster is putting his two cents into the multimillion-dollar fray.

Munster on Wednesday afternoon issued a note that reveals his expectations for the new smartphones. He is predicting Apple will report sales of between 5 million and 6 million iPhone 5s and 5c devices during the first weekend alone. That would put the new devices in the same league with iPhone 5 sales over the first weekend.

"While the 5-6 million range may be viewed by some as a disappointment given that it will include China as a launch country for the first time, we believe our survey work suggests that demand is healthy, but slightly below where demand for the iPhone 5 was last year, which included a new form factor," Munster wrote.

The China Factor

How does that compare with the numbers other analysts are pushing out? Walter Piecyk at BTIG Research, is predicting a similar score. In his research note, he pointed out that Apple only added two markets to its iPhone launch day this year -- but one of them is China.

"That means that on day one it will be selling into markets with 2 billion wireless subscribers, which is more than twice as large as its launch day addressable market in each of the past four years of 670 to770 million wireless subscribers," Piecyk said.

As he sees it, Apple's first weekend sales should also benefit from the surge of customers who wait for price cuts on legacy models each year and will now be buying the new 5c. The legacy iPhone 5 is already out of stock online at AT&T, Verizon and T-Mobile after price cuts last week, so that demand should now shift to the iPhone 5c, he said, noting that supply may be the only issue.

"The massive increase in the size of Apple's market launch and the inclusion of 5c sales should easily enable Apple to generate growth from the 5 million first weekend iPhone sales it reported last year, if they in fact elect to report this number," Piecyk said. "By counting the 5c as a 'new' phone Apple will be able to include the surge in purchases that occur each year from the price cuts for legacy phones. We think this will lead to at least 20 percent growth in iPhones sold in the first weekend to 6 million."

The Gold Factor

Those are the opinions from the Wall Street analysts. What about the technology analysts? For analysis, we turned to Roger Entner, a wireless analyst at Recon Analytics. He told us he is sure new Apple iPhones will sell strong.

"It's an iPhone. Apple is really industry-leading with customer loyalty -- they have 90- to 95-percent-plus customer loyalty," Entner said. "Consumers that get an Apple phone are in all likelihood getting another Apple iPhone afterword. That bodes pretty well."

He called the iPhone 5s a revolutionary change but it's also an evolutionary change. Even still, he is betting many around the world will buy the gold iPhone just because it's gold: "As small as the color may seem, it will be major driver, as big as the fingerprint scanning to access your phone."
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Mobile Tech
1.   Apple Smart Watch Patent Surfaces
2.   iPhone 6: Bad for Apple Tablet Sales?
3.   GoTenna: Work-Thru for Dead Zones
4.   Nokia X Phones Had Identity Crisis
5.   Microsoft Axes Android Phones


advertisement
Android SMS Worm on the Loose
Malware lets bad actors cash in.
Average Rating:
Review: Microsoft's Surface Pro 3
Is it a tablet and laptop replacement?
Average Rating:
iPhone 6: Bad for Apple Tablet Sales?
Most likely, it will be a huge hit.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
34 European Banks Hit by Android-Skirting Malware
Criminals have been finding gaping holes in Android-based two-factor authentication systems that banks around the world are using. The result: 34 banks in four European countries have been hit.
 
New Web Tracking Technologies Defeat Privacy Protections
Recently developed Web tracking tools are able to circumvent even the best privacy defenses, according to a new study by researchers at Princeton and the University of Leuven in Belgium.
 
Juniper DDoS Solution Aims at High-IQ Networks
In the face of more complex attacks, Juniper Networks is boosting its DDoS Secure solution to help companies mitigate the threats with more effective security intelligence throughout the network fabric.
 

Enterprise Hardware Spotlight
Contrary to Report, Lenovo's Staying in Small Windows Tablets
Device maker Lenovo has clarified a report that indicated it is getting out of the small Windows tablet business -- as in the ThinkPad 8 and the 8-inch Miix 2. But the firm said it is not exiting that market.
 
Seagate Unveils Networked Drives for Small Businesses
Seagate is out with five new networked attached storage products aimed at small businesses. The drives are for companies with up to 50 workers, and range in capacity from two to 20 terabytes.
 
Another Day, Another Internet of Things Consortium Is Born
In the emerging Internet of Things, zillions of devices will be talking to each other. Samsung, Intel and Dell just formed a consortium to ensure each thing can understand what others are saying.
 

Mobile Technology Spotlight
Apple Patent for Smart Watch Comes to Light
Does a new smart watch patent issued to Apple provide a preview of the expected wearable from the tech giant? Some Apple-watchers are parsing the patent for signs of the coming product.
 
Will iPhone 6 Cannibalize Apple's Tablet Sales?
Could Apple’s iPhone 6 -- it’s so-called super-size phone due to hit store shelves this fall -- come back to haunt the smartphone maker? Some observers say yes; others say preposterous.
 
Axed Nokia X Phones Suffered from Lack of Identity
So long, Nokia X, we hardly knew you. The Nokia X phones Microsoft discontinued blend two rival operating systems, but leave out the best of each. As a result, the devices didn't become a runaway hit.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.