iPhone 5 coming this fall, says analyst

The next iteration of Apple's popular smartphone is coming this fall--so says an investment bank in a research note.

A research note from an investment bank today sees an iPhone 5 coming this fall and sees strong growth for Apple's popular phone in the coming quarter.

The iPhone will comprise roughly 50 percent of Apple's total revenue in the next reported quarter, wrote Tavis McCourt of Morgan Keegan.

"We expect iPhone revenues to represent 47.5% of Apple's total revenues in [the December quarter], up from 38.8% in the Sep. quarter, and up from 39.1% in the year ago period," he wrote.

And he is upping his iPhone shipment estimate for the quarter to 29 million from the previous estimate of 27 million.

The iPhone 5 and Apple TV will be significant growth drivers later in the year. "We expect iPhone 5 in fall 2012 to be a significant revenue and earnings growth driver, and a potential Apple TV as upside to our model if it comes to fruition this year," he wrote.

What else can we expect on the iPhone 5 front? Instead of going through a litany of rumors, suffice to cite one of the most recent rumors about its physical construction. A combination of aluminum on the back and a "rubber or plastic material" along the sides that will bridge the front and back of the device.

Featured Video
6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Everything you can expect at Apple's Sept. 9th event

Apple is expected to throw the kitchen sink at us with new iPhones, iPads, a new Apple TV and MacBooks. We'll breakdown what you can expect to see.

by Brian Tong