iPhone 5C to replace iPhone 5 in Apple lineup; over 8 million expected to be shipped in this very quarter
This entry was posted on Tuesday, August 20, 2013.
The upcoming Apple event on September 10th is expected to bring two new iPhones to the world, and the speculation about both of them has started to reach fever pitch. Ming-Chi Kuo, an analyst from KGI Securities with a pretty excellent track record with Apple products, has been one of the primary sources of information about the upcoming smartphones, and he’s got a couple of new tidbits for the ever hungry iPhone rumor mill today. Read on below the break to know more!
According to Ming-Chi Kuo, Apple will be launching the iPhone 5S and iPhone 5C next month, and their shipping estimates indicate their confidence in both of the iPhones succeeding emphatically, unsurprisingly. Kuo estimates that there will be 5.2 million units of the iPhone 5S shipped in the upcoming quarter, while in the same period, the iPhone 5C (i.e. the rumored ‘cheap’ iPhone) is expected to have a whopping 8.4 million units of its own shipped. Moreover, the iPhone 5C is expected to take the current iPhone 5’s place in Apple’s lineup, while the iPhone 4S will fulfil the lowest of low end of the iPhones, especially for customers who don’t mind refurbished handsets, et al.
Clearly, Apple is expecting the iPhone 5C to be a massive success that will cannibalize its higher end (albeit older) iPhones. But Apple has traditionally not been averse to cannibalization amongst its own products, even though they have been reluctant in diversifying their product lines. The iPhone 5C is an example of an Apple product that ticks both of those boxes, for better or worse.