Apple could produce as many as 22 million iPhones in the next quarter, forecasts Rodman & Renshaw analyst Ashok Kumar.
In an investor's note released yesterday, Kumar said the next iPhone,, could account for almost 25 percent of the total volume in the fourth quarter, leaving the iPhone 4 to grab the lion's share of Apple smartphone customers over the rest of the year.
as to whether the iPhone 5 would represent a major upgrade over the iPhone 4, or sport just a few changes but retain the same basic features as its predecessor. Some reports have suggested that --one a new and improved iPhone 5; the other a lower-cost version of the iPhone 4.
Kumar's opinion is that the new iPhone would be an "upgrade and not a complete redesign," and that the iPhone 4 would then be sold as a less expensive device, starting in October. The analyst believes that Apple could then continue to sell the iPhone 4 until a completely redesigned iPhone hits the market sometime next year.
Although many Apple users have been eagerly awaiting the debut of the next iPhone, the iPhone 4 continues to see strong demand as the best-selling smartphone at both AT&T and Verizon Wireless, Kumar added.
Manufacturing 22 million iPhones certainly isn't out of reach, as long as the supply chain can handle it. Apple soldand 20.34 million iPhones in its fiscal third quarter, which ended June 25. Ironically, that investment analyst Jason Schwarz thinks Apple will sell in the fourth quarter.
The rumor mill about the next iPhone continues to run hot and heavy. Some of the latest stories suggest that bothand will pick up Apple's flagship phone.
reading•Apple could make 22 million iPhones next quarter
Aug 14•Facebook, Google, WhatsApp in the firing line as Australia reveals encryption laws
Aug 13•Infowars, Alex Jones are testing the limits of free speech on Twitter, Facebook, YouTube, Apple
Aug 13•Vimeo has removed Alex Jones' Infowars too
Aug 13•Google is probably tracking your location, even if you turn it off, says report