Apple Will Make At Least $100 Million From New iPhone 5 Dock Cables

Lightning Connector

Lightning Connector

Apple’s decision to switch to a smaller dock connector for the iPhone 5 may frustrate consumers whose old cables and accessories are essentially rendered obsolete, but it should give Apple and other iPhone accessories manufacturers a nice little revenue boost. Apple will generate about $40 million in revenue in the next fiscal quarter from customers worldwide paying for cables that work with the iPhone 5′s new dock connector and at least $100 million in revenue from the new cables over the course of the next year, according to an estimate provided to Mashable by Michael Morgan. Read the full story at Mashable.

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).