Analysts expect Apple's iPhone 5 to shake up the entire mobile industry
Apple's iPhone 5 is slated for its official announcement Wednesday, and it's expected to cause a serious uproar in the entire mobile industry. The iPhone 5's release will undoubtedly create an even greater challenge for rival smartphone makers, quite possibly leaving some in the dust, altogether.
Morgan Stanley analyst Katy Huberty thinks that the iPhone 5 could drive Apple's total iPhone shipments to an eye-popping 266 million in 2013. As for the remainder of 2012, Huberty noted that Apple may ship as many as 48 million to 53 million smartphones in the fourth quarter alone.
That number isn't exclusive to the states, though; it also represents overseas shipments, specifically those in China. CNET reported Huberty saying, "We view a China Mobile partnership as the biggest potential sales catalyst in CY13 [calendar year 2013] and any clue that iPhone 5 includes a chip compatible with CM's TD [time division LTE] network is a positive, in our view."
Apple's iPhone 5 is expected to be thinner than the current 4S model, while still packing in a larger 4-inch retina display. We're also hoping to see a redesigned, smaller dock connector and 4G LTE capabilities. We'll be covering Apple's event, so make sure to stop by for the latest.
While you're waiting, head over to our Facebook page and let us know if you're planning to pick up the iPhone 5. If you haven't made room yet, you can trade in your old phone at one of these gadget resell sites, and figure out the total cost of your iPhone 5 upgrade here.