Apple not in a hurry to release an iPhone 5
Posted by: MASMedia in Other Apple News, iPhone News
With Apple just releasing figures showing a 142% growth and having a mere $78 Billion in cash, it’s not surprising that Apple doesn’t seem to be in a hurry to release a new device.
It means Apple can produce as many iPhone 5 units ahead of launch as it wants, ensuring there are no inventory shortages which have blighted Apple product launches in the past. Accordingly, Apple has reportedly placed an initial order for 15 million units, which should be able to get them through the first couple of months of sales without a glitch. The swollen cash position also means that if it chooses to be aggressive on price in the face of “free” competing Android phones, it can. Already, Apple offers the iPhone 3GS for $49 and could keep the iPhone 4 and make it cheaper on both Verizon and AT&T.
