iPhone 5 sales set to exceed 10 million this quarter

With Apple finally announcing that next Wednesday, September 12th, will be the day we all see the brand new iPhone 5 all those market watchers and predictions are ramping up. After Apple made their announcement this morning researchers have already started predicting Apple's sales this quarter could go way beyond previous predictions with the arrival of the iPhone 5.

Seriously was this even a question? Of course the iPhone 5 will have a massive increase on their sales and overall quarterly report — but some believe the added hype could make this one of the biggest yet. With many customers eagerly awaiting the iPhone 5 and holding off on any purchases in anticipation of the new smartphone, a September launch of the new iPhone could give this quarter a massive boost with the iPhone 5 alone reaching over 10 million in sales.

Market watchers usually expect or anticipate that Apple will report sales figures between 22 million and 23 million iPhones in the quarter. But with the launch of the next iPhone this month we could potentially see sales as high as 28 million according to Apple Insider. The iPhone 5 will likely give Apple another solid quarter.

Just like previous years, rumors have suggested the iPhone 5 will go up for pre-order immediately following the event on Wednesday for multiple markets across the globe. Then be available starting Friday the 21st of September. The iPhone 4S had wide availability at launch and we're expecting Apple's reach to be even greater with the all new iPhone 5. As a reminder the event is set for September 12th, at 10:00am PST. We'll be there LIVE reporting the entire event where you can follow our liveblog at live.slashgear.com, and don't forget the popcorn!