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Analysts: Apple To Double iPhone Sales In 2009

June 18, 2008 11:55 a.m. EST

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Ed Sutherland - AHN Editor

New York, NY (AHN) - A number of financial analysts are predicting good times for Apple and its new 3G iPhone, with the consensus that Steve Jobs will easily pass his goal of 10 million sales in 2008 and is on track to sell double that in 2009.

RBC Capital analyst Mike Abramsky believes Apple will sell 5.1 million iPhones between July and September, with 6.5 million handsets sold during the Christmas period. Accounting for sales earlier this year, around 14 million iPhones will be sold this year.

Since the 2007 release of the first iPhone, Apple CEO Steve Jobs has talked of a goal of 10 million iPhone sales in 2008.

Abramsky said Apple will in 2009 sell 24 million iPhones, double the 2008 projection. The sales will add between $1.8 and $6.8 billion to Apple's coffers, according to the analyst.

Earlier this month, Apple introduced a new version of the iPhone, complete with support for faster 3G wireless networks and a lower price - the 16GB version going for $199.



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