Apple expected to unveil new iPhone Tuesday

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“We would be very surprised if it’s longer than that,” he said.

And as in the past, consumers are likely to clamor for it. Bajarin believes Apple could sell more than 25 million iPhones total during the holiday quarter, which would be well above the 16.2 million it sold during the holidays last year.

“There’s huge pent-up demand for this,” Bajarin said.

Apple shares, which have traded between $277.77 and $422.86 in the past year, fell $6.72, or 1.8 percent, on Monday to close at $374.60.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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