As the launch date of the Apple Inc. (NASDAQ: AAPL) iPhone 5 approaches (probably tomorrow), the speculation about how many units will be sold multiplies. Famous Apple-watcher Gene Munster of Piper Jaffray says 10 million by the end of September. Dozens of other Wall St. analysts have their own guesses, which are mostly less than Munster’s.
One of the unanswered questions is the extent to which 4G-enabled smartphones like the Samsung Galaxy S III, which have been in the market for months, have satisfied the appetites of people who want handsets that work on superfast wireless networks.
One thing almost every observer believes is that iPhone 5 unit sales will be essential to unprecedented revenue for Apple’s final quarter of the calendar year, and to its stock price, which sits just short of $700 a share. There are plenty of people who believe that breakout sales of the iPhone 5 will take Apple’s stock to $1,000.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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