Apple’s new ‘iPhone M’ seen outselling flagship iPhone 5S

[Wireless News]

With growth slowing in the high-end smartphone market, many industry watchers have suggested that Apple’s much rumored entry-level iPhone is a necessity if the company hopes to prevent a complete market share collapse. According to a new research note from.UBS analyst Steve Milunovich, the “iPhone M,” as he calls it, will indeed see explosive unit sales right out of the gate, though Apple’s overall iPhone business may suffer as a result. Milunovich.sees iPhone M sales making up just 3% of Apple’s total iPhone sales in fiscal 2013. This is because of the phone’s rumored September launch timing, of course, which will give it just a couple of weeks of sales at most in the current fiscal year ending on September

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