“With Apple Inc. widely expected to launch the iPhone 5 sometime this fall, the big question on investors’ minds revolves around what will happen to sales of wireless devices — and their components — in the time frame leading up to that launch,” Dan Gallagher reports for MarketWatch.
“Apple itself is likely to see some slowdown in iPhone sales in the period leading up to the launch, though the magnitude and timing are still unclear,” Gallagher reports. “The company will report its June quarter results next Tuesday, and Wall Street appears to be modeling for a sequential decline in iPhone sales from the March period, with the trend likely to continue into the September period, as most are not expecting the new iPhone to debut until early October.”
Gallagher reports, “James Faucette of Pacific Crest noted that Qualcomm’s shares are rising, as ‘the mother of all handset pauses’ has now been built into the stock. He believes Qualcomm could sell 40 million chipset units for the new iPhone alone. ‘iPhone 5 is going to be huge,’ he wrote.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
