RBC Capital Markets notified investors today that it expects demand for new iPhones to surge so much so that Apple may sell over 75 million units by the end of this year.
The reason why Apple may sell more than 75 million units of the new iPhones can be easily understood. This year the iPhones are expected to feature some great changes which haven’t been made to the franchise since it first launched back in 2007. Apple is believed to succumb to market pressure for larger displays and both iPhone 6 models are expected to feature significantly larger displays than previous iPhones, 4.7-inch and 5.5-inch to be precise.
RBC Capital Markets analyst Amit Daryanani claims that judging by the supply chain data that they have Apple has asked its suppliers to produce over 80 million units of the upcoming iPhones. That’s an increase of over 20 million units as opposed to the 60 million units Apple had prepared in time for iPhone 5s and iPhone 5c launch last year.
Daryanani believes that its possible for Apple to sell 10 million units during the launch weekend alone, which would certainly be a new record for the company. This momentum is then expected to carry on in the holiday quarter which is viewed as a lucrative time by companies.
While Apple doesn’t reveal exactly how many units of a particular iPhone model it has sold in a quarter, last December it saw the highest number of iPhone sales, selling over 51 million iPhones around the globe.
Apple is expected to unveil the iPhone 6 on September 9th.