Apple yesterday announced that the iPhone 5 will be landing in more than 50 countries this December. First up, South Korea will be getting the iPhone 5 treatment come December 7.
Following that, the iPhone 5 will be available in these countries on December 14:
Albania, Antigua and Barbuda, Armenia, Bahamas, Bahrain, Bolivia, Brazil, Chile, China, Costa Rica, Cyprus, Ecuador, Grenada, Indonesia, Israel, Jamaica, Jordan, Kuwait, Macedonia, Malaysia, Moldova, Montenegro, Panama, Paraguay, Philippines, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Turkey, United Arab Emirates and Venezuela
And one week later, the iPhone 5 will go on sale in the following countries:
Barbados, Botswana, Cameroon, Central African Republic, Egypt, Guinea, Ivory Coast, Kenya, Madagascar, Mali, Mauritius, Morocco, Niger, Senegal, St. Kitts, St. Lucia, St.Vincent & the Grenadines, Tunisia, Uganda and Vietnam.
As it stands now, the iPhone has already been selling like hotcakes, with Apple only recently being able to catch up to raging demand. Consequently, and in conjunction with the release of the iPad Mini, analysts are expecting a blowout holiday quarter for Apple this year. That said, putting the iPhone into more than 50 additional markets will only help strengthen and undoubtedly impress Apple's financials this quarter. With populous countries like Brazil, China, and Russia on the itinerary, Apple's upcoming and expansive iPhone 5 rollout will likely have a discernable impact on iPhone sales despite its late quarterly release.
As a quick illustration, China Unicom has reportedly already processed over 100,000 iPhone 5 reservations on the first day the device became available for pre-order.
Riding the wave of ever-increasing iPhone 5 sales alone, Canaccord Genuity analyst Michael Walkley believes that Apple will reach $800 a share. As it stands now, shares of Apple have risen back to upper $590 levels after dropping precipitously from an all-time high of $705 a share in September to about $525 a share in November. Suffice it to say, it's been a wild ride for Apple investors over the past two and a half months.
What's more, Walkley notes in his research report that sales of the iPhone 4 and iPhone 4S are also rather strong.
Walkley has revised his estimates of iPhone sales and now expects 47.5 million units in December, up from 45 million previously. He’s also lowered his March quarter estimate to 46 million units, from 47.5 million, as the earlier entry into China will pull sales to December...
Given the iPhone is Apple’s highest-margin hardware product, December’s solid sales performance will lead to a gross margin closer to 38.7%, according to Walkley, compared to Apple’s guidance of 36%.
The iPhone 5 is a monster, and as has been the case with all iPhone releases thus far, expect iPhone 5 sales to top the cumulative sales figures of all previously released iPhone models.