Apple’s iPhone 5 Sales Are Actually a Big Letdown: 2 Charts Spell Out Why

Date: Sep 25 2012

Filed under: Technology, Apple

Iphone 5 a let downBy Nicholas Carlson

Apple just reported that it sold more than 5 million iPhones over the iPhone 5’s opening weekend.

This is a very disappointing number.

It’s below top Apple analyst Gene Munster’s estimate of 6 million to 10 million. Worse, it indicates that growth may be slowing at Apple.

Take a look at this chart.

Opening weekend sales grew 70% between the 3GS and the iPhone 4, and then an astounding 135% between the 4 and the 4s. That’s acceleration. iPhone 5 sales, meanwhile, grew…

Apple’s iPhone 5 Sales Are Actually a Big Letdown: 2 Charts Spell Out Why originally appeared on DailyFinance.com on 2012-09-24T11:40:00Z.

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