DigiTimes: Although market expectations may be higher, Apple will only ship four million iPhones this year and 12 million in 2008, according to a recently released report from Merrill Lynch.
The report indicates that monthly shipments will initially total 200,000-300,000 and ramp to about one million units by the end of the year.
The iPhone is expected to begin shipping in June.
Leading handset vendors such as Sony Ericsson and Nokia also believe Apple’s entry into the handset market will help push sales of high-end feature-rich models, with Nokia CFO Rick Simonson recently stating that this represents an opportunity for Nokia. Concerning any competitive threat in the market, Nokia said it would respond quickly with added-value functions and new handset models, Simonson pointed out.