3G iPhone component suppliers to see expanded revenues in 3Q08, says paper

Taiwan-based component suppliers of Apple's 3G iPhones are expected to see their revenues strengthen substantially starting the third quarter of this year due to sales of the new iPhones, according to a Chinese-language Commercial Times report.

With the new iPhones to be available simultaneously in 22 countries on July 11, total shipments of 3G iPhones are expected to top 10 million units in the third quarter, the paper quoted sources at component suppliers as indicating.

In addition, the paper quoted Morgan Stanley as estimating that total shipments of 3G iPhones are likely to be as high as 27 million units in 2009 compared to sales of 5.2 million units of the first-generation iPhones in 2007.