Monday, August 20, 2012

Apple could sell 250 million iPhone 5s, analyst says


How well will the iPhone 5 do?


(Credit: Apple)

Apple's iPhone 5 could be a massive hit, according to one analyst.


In a research note to investors last week, FBR Capital Markets analyst Craig Berger wrote that Apple could sell a whopping 250 million iPhone 5 units over its entire lifespan. The device could also drive $50 in earnings per share, or a $47 billion profit, during its lifecycle, "representing one of the largest single product opportunities in Apple's history."


All Things Digital was first to report on the note.


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