The iPhone could generate nearly half of Apple’s revenue by calendar 2013, with the tech giant forecasted to sell 143 million smartphones and 68 million iPads, according to a high-profile analyst Wednesday.
Piper Jaffray’s Gene Munster expects the iPhone will represent 49 percent of Apple’s $164 billion revenue for 2013, the handset’s growth slowing only slightly to 29 percent, down from 30 percent expected in 2012. Munster also threw water on speculation Apple will introduce a contract-free low-cost iPhone to compete with less expensive Android-based smartphones.
07/09/2011
Apple, iPhone