“Apple’s iPhone 6 launch could be even bigger than Wall Street’s already high expectations, RBC Capital Markets analyst Amit Daryanani said in a research note Monday,” Patrick Seitz reports for Investor’s Business Daily. “”
“Apple is expected to unveil its eighth-generation smartphone at a media event on Sept. 9. The new handset is seen coming in models with display sizes of 4.7 and 5.5 inches, compared with the current iPhone 5 family’s 4-inch screen,” Seitz reports. “The larger version of the new handset could be called the iPhone 6L, according to the website 9to5Mac.”
“Apple could end up selling more than 75 million iPhone 6 units in the September and December quarters, Daryanani adds. If that happens, Apple’s earnings per share in the December quarter could be 10% higher than current estimates, he says,” Seitz reports. “Under this scenario, Apple would sell 15 million iPhone 6 units in the September quarter and 60 million in the December quarter.”
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