Despite being released over a year ago, the iPhone 4 is still the best-selling smartphone in America
Analyst T. Michael Walkley with Canaccord Genuity detailed in a letter to Apple investors on Tuesday that checks with U.S. carriers indicate that sales of the iPhone 4 remain on top ahead of the iPhone 5 launch this October.
"Our checks indicated strong sales of the iPhone 4, as it remained the top selling smartphone at AT&T and Verizon despite increasing consumer expectations for the iPhone 5 launch," he wrote.
"During the holiday season, we anticipate strong sales of the iPhone 5, as we anticipate a strong global launch with increased distribution to new carriers including Sprint in the U.S. market."
Interestingly, the research firm found that the iPhone 4 remained the top-selling handset at both AT&T and Verizon last month. Additionally, the $50 entry-level $50 iPhone 3GS was the second strongest selling handset at AT&T.
Walkley also commented that he believes Sprint will receive the new iPhone at launch and heavily promote it given the carrier’s unlimited data plan.” A good move for them.
Overall, Canaccord Genuity believes 83 million iPhones will be sold in 2011 and 107 million units in 2012. Pretty amazing considering all the competition out there.