The new iPhone 5 was released this week with great success. Over 2 million iPhone’s were ordered within 24 hours of the new smartphone coming on sale. The first day orders are more than double than those received for the iPhone 4S last year. The success of Apple continues and we can expect this to follow through to increased earnings in 2012 despite the economic downturn. The handset is priced at £529 and appears to be recession proof with customers queuing overnight prior to its first day launch.
UK contractors will be able to expense the business proportion of their mobile phone expenses. It may be time to upgrade your phone now.