The iPhone 5 will lead the mobile phone market to 346.5m global smartphone shipments in the second half of 2012, according to analysts with research firm IHS.
The boost would help smartphone sales after a slumping first half of the year. Smartphone shipments have seen a sizeable dip as buyers seemingly await the latest iPhone.
"Apple's smartphone shipments typically are weak during the quarter preceding the launch of a new iPhone model," said IHS senior analyst of wireless communications Wayne Lam.
"Buyers historically have delayed their purchases until the newest model is available. Then they rush out to get the latest and greatest version once it's being sold, leading to a spike in demand. IHS predicts the same pattern will occur with the iPhone 5."
During the second quarter of 2012 iPhone sales slumped with shipments falling from 35m in the first quarter down to 25m in the second.
According to IHS, the iPhone's poor sales led to a one percent reduction in overall smartphone shipments globally. IHS figures show total smartphone shipments fell from 137m to 135m in consecutive quarters.
The analyst firm projects that the arrival of the iPhone 5 will bolster total smartphone shipments by 74.2m smartphones by years end. IHS numbers indicate that sales will pickup from the middling 272.3m smartphones sold during the first six months of 2012.
Analyst firm Gartner has made a similar claim to IHS. Gartner pointed out that the wait for the iPhone 5 slowed sales of smartphones in a projection from last May.
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