CHART OF THE DAY: Disappointing iPhone 5 Sales - Business ...

Apple just reported that it sold more than 5 million iPhones over the iPhone 5's opening weekend.

This is a very disappointing number.

It's below top Apple analyst Gene Munster's estimate of 6 million to 10 million. Worse, it indicates that growth may be slowing at Apple.

Take a look at this chart.

Opening weekend sales grew 70 percent between the 3GS and the iPhone 4, and then an astounding 135 percent between the 4 and the 4s. That's acceleration. iPhone 5 sales, meanwhile, grew only 25 percent. That's massive deceleration.

Nicholas Carlson / Business Insider

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Tags: Chart Of The Day, iPhone 5, Apple | Get Alerts for these topics ?

Source: http://www.businessinsider.com/chart-of-the-day-disappointing-iphone-5-sales-2012-9

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