Tuesday Apple Rumors: 10M iPhone 5’s to Sell in First 3 Days

by Christopher Freeburn | September 11, 2012 2:02 pm

[1]Here are your Apple rumors[2] and AAPL news items for today:

Guessing the Number: Consumers have been waiting for Apple (NASDAQ:AAPL[3]) to unveil its latest iPhone for months and that pent-up desire will drive sales of as many as 10 million iPhone 5 units in the first three days after the phone becomes available[4], AllThingsD notes. Analysts speculate that the newest iPhone will generate between 1.3 million and 1.5 million pre-orders during the first day after its debut. The company sold four million iPhone 4S’s during the first several days it was available last year. Analysts predict that the iPhone 5 will certainly top that, with most estimates ranging from between 5 million and 6 million iPhone 5’s sold in the first three days.  An exceptionally bold prediction comes from Piper Jaffray (NYSE:PJC[5]) analyst Gene Munster, who predicts that Apple will sell between six million and 10 million iPhone 5’s during its first three days on the market, calling it the “largest consumer electronics launch in history.”

More to Touch: Sources indicate that Apple will soon debut an updated iPod Touch with 1,136-by-640-pixel displays and more powerful processors[6], AppleInsider says. The new iPods will feature a S5L8942X processor that will boost performance over the current model. That processor will not be as fast as the S5L8950X processor that will come in the next-generation iPhone, which is expected to be unveiled at a media event on Wednesday. Both the iPhone 5 and updated iPod Touch will possess panoramic photo capability incorporated into the camera software and are expected to offer 4-inch touchscreens. No timetable for the launch of the new iPod Touch was offered, but it is expected to appear this fall.

No FBI Hack: Data on Apple users that a hacker group claimed to have stolen from an FBI laptop actually came from a electronic publishing company[7], the Chicago Tribune notes. BlueToad admitted on Monday that the information held by the hackers had been lifted from its systems. The company said it repels about 1,000 hacking attempts every day. BlueToad officials said they were cooperating with the FBI, but would not reveal how hackers obtained the data from its system. The company says about two million Apple device IDs were captured by the hackers — much less than the 12 million IDs they claim to have stolen. BlueToad said it had identified the security flaw that permitted the access and had eliminated it.

For more about the company, check out our previous Apple Rumors[8] stories.

Source URL: https://investorplace.com/2012/09/tuesday-apple-rumors-10m-iphone-5s-to-sell-in-first-3-days/

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