Unprecedented Demand for the iPhone 5

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By Trey Thoelcke Published
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Sales of Samsung’s flagship Galaxy S III smartphone have reached 10 million in its first two months on the market. This latest version of the Galaxy S has received positive reviews, many of which say that it is a true competitor to the iPhone. Some forecast that its sales could reach 15 million or better if Apple (NASDAQ: AAPL) does not introduce a new iPhone by fall. But do not count Apple out just yet.

Results of a new survey by 451 Research/ChangeWave Research show an unprecedented level of advance demand for the next generation iPhone. “Advance demand for the ‘iPhone 5’ is strikingly higher than we’ve seen for any previous iPhone model,” said Dr. Paul Carton of 451/ChangeWave. “Overall smart phone sales should spike to an all-time high this fall, and of course Apple is going to be the number one beneficiary.”

Some 14% of respondents said they were “very likely” and 17% “somewhat likely” to buy an iPhone 5 in the future, based on a description of probable iPhone 5 features. By comparison, a similar question about the iPhone 4S, taken at the time of its October 2011 launch, showed 10% “very likely” and 11.5% “somewhat likely” to buy it. The launch of the iPhone 4S was the most successful smartphone release in history.

About 2% of those surveyed said they were “very likely” to buy a Samsung Galaxy S III, and 7% “somewhat likely” to buy one. Still, overall interest in Samsung models was nearly four times greater than three quarters ago.

Rumored features of the iPhone 5 include a “liquidmetal” body that is resistant to scratching and denting, a larger screen up to 4.6 inches (versus the current 3.5-inch one), a much smaller dock connector, and a battery capable of handling the faster 4G LTE networks.

Photo of Trey Thoelcke
About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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