iPhone 4 and 4S sales expected to stay hot in Q3 despite iPhone 5 launch

22 Aug


Even though Apple’s (AAPL) highly anticipated next-generation iPhone is on the horizon, the company’s iPhone 4 and 4S are still expected to sell exceptionally well through the end of the third quarter. According to Digitimes, shipments of current iPhone models are estimated to grow 10% to 15% during the quarter, an increase from the company’s second quarter results, which disappointed the Street. The publication notes that Apple supplier Wintek saw its revenues soar 60% in July, thanks in part to the Cupertino-based company’s increased touch panel orders for its iPhone 4S. In addition, various brick and mortar retailers, along with several carriers, have also begun to discount the price of older iPhone models, which should help sales increase during this quarter.




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: