“The iPhone 5 and new iPads will trigger a surge in sales for Apple this quarter and next, says Morgan Stanley’s Katy Huberty,” Lance Whitney reports for CNET.
“In an investors note out today, Huberty pointed out that key suppliers for both devices say their own revenue will be higher than anticipated for the current quarter. They’re also seeing above-average orders from Apple for next year’s first quarter. And demand could rise even higher before the year is over,” Whitney reports. “The analyst believes the iPhone 5 will drive more customers to upgrade this quarter and on into next year. At the same time, the iPad Mini and 4th-generation iPad will accelerate the growth of total iPad shipments.”
Whitney reports, “Wall Street expects shipments of 46 million iPhones and 23 million iPads this quarter, followed by 43 million iPhones and 19 million iPads next quarter. But Huberty thinks the numbers will be even higher.”
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