Apple to sell 12 million iPhones

A US-based technology business research firm has predicted that Apple will surpass its projected 10 million iPhones sold for 2008. However, many of the expected 12 million iPhones to be sold will cut into already slowing iPod sales and the price will be reduced from the premium level that Apple has placed on its yet to be released handset.

iTWire – Apple to sell 12 million iPhones in 2008 at reduced price: analyst