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Analyst: 18.8M iPhone 3GS to iPhone 4S upgrades

Piper Jaffray analyst Gene Munster, based on sales and upgrade data, thinks that nearly 19 million customers with the iPhone 3GS will upgrade to the iPhone 4S this year.

Analysts expect more than 100 million iPhones to be sold this year.

(Credit: Apple)

Piper Jaffray analyst Gene Munster, based on sales and upgrade data, thinks that nearly 19 million customers with the iPhone 3GS will upgrade to the iPhone 4S this year, AppleInsider reports.

Though Munster's predictions are admittedly assumptions, he says they are conservative. For Apple watchers, the numbers are compelling. Munster estimates approximately 27.6 million iPhone 3GS users are ready for upgrades within the coming year.

Piper Jaffray analysts expect another banner year for iPhone sales, propelled by iPhone 3GS upgrades.

(Credit: Screenshot by AppleInsider)

A small poll (216 mobile phone users) conducted by Munster found that 94 percent of iPhone users would remain iPhone users, replacing their current phone with a newer one, rather than switching platforms (Android, Windows Phone 7). In all, Munster predicts Apple to sell well over 100 million iPhones this year.

Are you a current iPhone 3GS owner who is upgrading to an iPhone 4S this year? Why or why not? Let me know in the comments!

(Via AppleInsider)

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