As Apple (AAPL) gears up to introduce its next iPhone, Janney's Bill Choi estimates the company...

|About: Apple Inc. (AAPL)|By:, SA News Editor

As Apple (AAPL) gears up to introduce its next iPhone, Janney's Bill Choi estimates the company will ship 87M iPhones in 2011, and 107M in 2012, as new carrier partners such as Sprint (S) and (possibly) China Mobile (CHL) fuel additional growth. At an average selling price of $600, the 2012 estimate would translate into $64.2B in annual iPhone sales.