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"The iPhone 5 is poised to become the fastest-selling gadget of all time, racking up sales of as much as 58 million units and $36.2 billion, according to analysts surveyed by Bloomberg.\nThe prediction comes after other analysts had predicted sales of as much as 10 million units of the iPhone 5 this month. If the analysts' predictions prove correct, then the sales will eclipse that of Apple's fiscal first quarter \u2014 the first quarter in which the iPhone 4S was available \u2014 when the company sold 37 million iPhones. \nThe latest estimate appears to support the bullish prediction of FBR Capital Markets analyst Craig Berger, who predicts Apple will 250 million iPhone 5 units over the device's lifetime. That amounts to $144 billion in revenues, or roughly three times all the revenues that Apple has made from the iPhone in its five-year history. Berger's predictions are based on the belief that new customers in China plus existing iPhone customers looking to upgrade will prompt a huge boost in sales.\nThough not everyone was blown away by the iPhone 5 announcement \u2014 some critics argued that improvements to the model were merely incremental \u2014 the announcement appears to have given a slight boost to Apple's stock price. The company's stock was up 1.4% on Wednesday \u2014 the day of the announcement \u2014 and jumped another 0.7% in premarket trading."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/09/13/58-million-iphone-5s/>