The highly anticipated iPhone 5, rumored to be released sometime after October has proven to be on many iPhone 4 users' wish lists, at least for those 2,200 surveyed by ChangeWave. The revolutionary Apple iPhone 5 is confirmed to be available to Verizon and AT&T customers with a rumor of availability to Sprint subscribers. The iPhone 4 was released in 2010 and when the same survey was conducted the numbers showed promise of many purchasing the iPhone 4, with the new survey the numbers are higher than the previous. The results are displayed below:
From the chart on the Left it is obvious that the iPhone 5 is anticipated to out sell its predecessor. Those reporting to "somewhat likely" buy the iPhone increased by 5%. Also the "very likely" category also increased, however only by 1%.
Even with Sprint only being rumored to carry the iPhone 5, 54% of those surveyed (that were Sprint customers) said they would likely switch from their current phone to an iPhone 5. Of those surveyed who were already iPhone users, 66% said they were likely to switch to the newer iPhone 5 upon release.
Why is this relevant to industry and business? Well consider the fact that a majority of people nowadays utilizes a cellular phone. Also consider the fact that Apple's CEO Steve Jobs just retired. Also consider the fact that most executives carry cellular phones. This article is especially relevant to me because of the fact that I own an iPhone 4 and am a fan of Apple products. I believe that Apple stocks will succeed from the much anticipated release of this product.
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