Apple Hints At iPhone 5 In September?

Jul 19, 2011
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Apple Hints At iPhone 5 In September?

Apple's quarterly earnings call today was a record setter for the company with revenue at a whopping $28.57 billion. But during the guidance for next quarter, the company may have hinted at the next-gen iPhone rumored to arrive sometime in September. Apple's Chief Financial Officer, Peter Oppenheimer, mentioned that the company will undergo a "future product transition" during September that would affect sales estimates that quarter.

Oppenheimer's statement came as a response to Morgan Stanley analyst Katie Huberty, who questioned why Apple's guidance estimates for the September quarter would dip by 12%. Oppenheimer explained that Apple will have "a lot going on in the fall with iOS 5 and iCloud" as well as a "future product transition that we will not talk about today."

This seems to support rumors that an iPhone 5 would hit in September. In the months leading up to the next-gen iPhone launch, the sales of current iPhone models would slow down as customers anticipate the new handset. Hence, the lower revenue guidance of $25 billion compared to the June quarter's $28.57 billion.

Other rumored Apple product transitions include an iPad 3 or iPad HD also believed to hit sometime in September along with 1080p HD support and new iTunes HD+ movie content.

[via Apple Insider]


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