2012 projections are through the roof when it comes to iPhone sales in the new year.

According to Morgan Stanley analyst Katy Huberty, Apple is projected to sell close to 200 million iPhones next year - roughly double all of 2011's projected iPhone sales.

These estimates, however, aren't pulled from thin air. The projections are based on both independent research and the findings of an AlphaWise survey of U.S. consumers conducted for Morgan Stanley the week after Thanksgiving. In a nutshell, the data indicates that iPhone demand is accelerating, Huberty says. "Surprisingly, US consumers expect to buy more iPhones in C1Q12 than C4Q11," she reveals.

The big sales, however, aren't waiting for next year. Apple is currently in what could be its best quarter of iPhone sales to date. Huberty believes Apple will ship close to 36 million iPhones this holiday quarter alone.

Although Huberty suspects that iPhone sales will steal the show for Apple next year, iPad sales will prove equally monumental. The prominent Morgan Stanley analyst is calling for sales of 80 million iPads in 2012. So far, Apple has sold 25 million iPads for 2011 (sans the holiday quarter).

Source: Fortune