apple 53million

Apple CEO Tim Cook has already said that the company will unveil its new devices this September. Rumors suggest that the company may unveil two new iPhones, a new iPad mini and possibly even the fifth generation iPad. Many people are anxiously awaiting the iPhone 5S, which is said to come with improved specifications and no design changes. Peter Misek, analyst at Jefferies & Company, claims in a new research note that Apple’s supply chain and manufacturing partners are pulling up their socks to kick off iPhone 5S mass production from this month.

It was recently reported that Foxconn had gone on a hiring spree to bring in more workers in order to cope with demand for Apple’s next generation iPhone. Misek believes that the company will be able to move some 50 to 55 million units in the quarter after iPhone 5S launch. It is widely believed right now that Apple will unveil iPhone 5S in September and is likely to begin shipping in October. This release time-frame will complete a full one year cycle, since it was around this time that iPhone 5 was released last year.

Filed in Apple >Cellphones. Read more about iPhone 5S. Source: bgr

Key SpecsiPhone 5s
StatusReleased
Resolution1136x640
Size (Diagonal, Inches)4"
Processor NameA7
2-core
1.3 GHz
Max. Total Storage Capacity64 GB
Megapixels8 MP
Battery Capacity (mAh)1560 mAh
Street Price$649
Complete product dataApple iPhone 5s Full specs
User Comments