Apple's decision to release an iPhone 4S, instead of a redesigned iPhone 5, will not have an impact on sales, says Piper Jaffray analyst Gene Munster.
He's sticking with his sales estimates of 25 million iPhones for the December quarter, and 111 million units for all of 2012.
Despite an initial let down to the iPhone 4S, Munster says, get ready for big lines when Apple starts selling it.
Give Piper Jaffray Apple (AAPL) analyst Gene Munster a mulligan: This morning, Munster had the bad luck of issuing his first-weekend iPhone sales estimate (425,000 units) just a few hours before Apple released its actual sales miles... Read Post
Far more people waited in line for the iPhone 5 launch Friday than waited for the release of the iPhone 4S last year, at least according to a new research note from top Apple analyst Gene Munster. Munster’s firm Piper Jaffray counte... Read Post