New iPhone could boost sales to 25 million in 2008

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New iPhone could boost sales to 25 million in 2008

Friday, 06 June 2008

According to Mike Abramsky of RBC, "entry iPhone model or an unusually low price for the near-certain 3G model could accelerate Apple's sales growth between 50 to 100 percent -- enough to boost the financial institution's earlier forecasts of 14 million units in calendar 2008 to between 20 and 25 million, doubling again in 2009 to as many as 40 to 50 million phones."

Such a climb could lead to between $2.7 billion and $5.4 billion in extra revenue for Apple over its fiscal 2009, Abramsky says.

Apple chief Steve Jobs is also expected to play a significant role by himself: rather than simply announce an updated iPhone, the company co-founder is predicted to fully flesh out iPhone 2.0's new features in his WWDC keynote speech, which Abramsky speculates could include video chat, GPS navigation, and browsing enhancements made possible through the faster 3G Internet connection of the touchscreen device.