“Their hopes for a super cycle dashed, my analysts seem to have curbed their enthusiasm for iPhone unit sales in the quarter that ended March 31,” Philip Elmer-DeWitt writes for Apple 3.0. “The estimates I’ve gathered so far — from 10 Wall Street professionals and 7 independents — range from 48 million to 54.5 million, a fairly typical quarterly spread.”

P.E.D. writes, “The average, 52.5 million, is up 3.5% from the same quarter last year.”

“We’ll find out who was closest to the mark Tuesday May 1,” P.E.D. writes, “when Apple reports its earnings for fiscal Q2 2018.”

See all of the analysts’ iPhone unit sales projections here.

MacDailyNews Note: For Q217, Apple sold 50.763 million iPhone units which was down 1% versus 51.193 million units in Q216.

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Apple’s iPhone captured 86% of global handset profits in Q417; iPhone X alone took 35% of global handset profits – April 17, 2018
Apple’s iPhone X is the UK’s most popular smartphone – April 9, 2018
Apple to release Q218 earnings, webcast live conference call on May 1st – April 3, 2018