Paulo Santos writes for Seeking Alpha that “it seems likely that Apple will beat revenue guidance on account of SE sales.”

“This isn’t entirely surprising,” Santos writes, “since even 5 million iPhone SEs would add $2 billion in revenue, never mind 9 million ($3.6 billion).”

“Apple will show less deterioration in number of iPhone sold than expected, on account of SE units sold,” Santos writes. “Even though the iPhone SE is lower margin than the overall iPhone product line, the difference isn’t so large as to destroy Apple’s gross margins. This is a positive surprise.”

Read more in the full article here.

MacDailyNews Take: Yes. As we reminded this morning: “Importantly, iPhone SE counts toward iPhone unit sales, too.”

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