iPhone 5 Mania Could Even Affect PC Sales According to Analyst

[Maura]

Well we know it’s going to be big, but who would have thought that the iPhone 5 would be so big that it could even worry PC makers? Mark Moskowitz with J.P. Morgan, that’s who! According to AppleInsider, Moskowitz says that he thinks the release of the iPhone 5 will affect the whole tech “food chain,” and that includes LTE-enabled smartphone makers and even Windows PC makers, with Moskowitz talking of the iPhone 5 “taking IT dollars from PCs, dampening PC-related growth prospects at Dell, Hewlett-Packard, and other PC makers.” Also, GPS navigation device companies such as TeleNav, and Garmin could suffer loses, with Apple debuting turn-by-turn navigation in its own Maps app in iOS 6. So those could be the losers, but as for the winners, aside from Apple itself of course, and us, the customers, Moskowitz says that the likes of LG Display and Samsung Electronics stand to do very well indeed out of the iPhone 5, to say the least, as they are rumoured to be supplying the in-cell touchscreen panels and custom processors for the phone respectively.

Source: Apple's 'iPhone 5' expected to hurt PC makers, existing LTE phones