The Apple iPhone 5 has of course been one of the most high profile smartphone launches of 2012. When the phone was launched, we saw the now familiar scenes when any new iPhone model is launched, with widespread media coverage and hoards of eager fans queuing outside Apple stores.
As expected, the Apple iPhone 5 became a massive commercial success very quickly. Before the handset was launched, Apple put two million handsets up for pre-order via its website, and these were accounted for in a matter of hours. Following this, five million handsets were sold during its first weekend on the market. Visit our website for the latest news and rumours on the iPhone 5S and iPhone 5 Contracts.
Despite its very strong early sales, the iPhone 5 did not receive the same levels of critical acclaim as previous iPhone models have. Also, several problems with the phone were reported by consumers shortly after it hit the market.
The now widely reported problems with the phone have prompted speculation about the next instalment of the series. Several sources have been suggesting that an iPhone 5S is in the pipeline, and it looks like this is an increasingly likely scenario.
Peter Misek, an analyst at Jefferies has recently released a note to investors, stating that the iPhone 5S is in the pipeline. He explains that Apple will begin preliminary production runs of the handset in March, with a likely release date in June or July this year. Furthermore, he also comments that an iPhone 6 may also be launched, sporting a 4.8 inch screen. Misek also says that we are likely to see a decrease in demand for the iPhone 5 once news of the new model is reported by mainstream media. Full details of the note to investors can be read at Apple Insider.
As usual, we will be sure to keep you updated as soon as we hear of any more developments regarding the iPhone 5S. In the meantime, feel free to leave a comment to let us know your thoughts. Do you think it is too soon to release another iPhone, or do you think it is a smart move by Apple?