"This is going to be the best-selling consumer electronics device of all time, bar none," Carl Howe, an analyst with Yankee Group, told The Sydney Morning Herald .
Howe, like others, is predicting Apple will sell more than 10 million iPhone 5 devices by the end of September, which would break a sales record Apple set a year ago with its iPhone 4S model. That's also equivalent to half as many Galaxy S III smartphones Samsung claims to have sold since launching the handset three and a half months ago.
By the end of the year, iPhone 5 sales could be as high as 58 million, according to the average analyst estimate, as surveyed by Bloomberg . That's a ridiculous number for such a short period of time, and also feasible. Apple has already sold out of its initial batch online; new orders are now expected to ship out in 2 weeks instead of next week on September 21.
One thing analysts are either overlooking or dismissing is Microsoft's Windows Phone 8 platform. For the iPhone 5 to sell as many units as analyst predict, Windows Phone 8 would have to have a relatively lackluster launch.