“Next week Apple could post its strongest quarter yet for iPhone sales, as Wall Street firm J.P. Morgan predicted on Thursday sales of 19.6 million iPhones in the June frame,” Neil Hughes reports for AppleInsider
“Analyst Mark Moskowitz made the increase to nearly 20 million from his previous prediction of 17.6 million units,” Hughes reports. “He said that his firm’s research has shown there are no signs of a slowdown in iPhone shipments from Apple.”
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Hughes reports, “If Moskowitz’s prediction of 19.6 million iPhones does come true, it would represent the best quarter of sales ever for Apple. It would also keep Apple’s string of consecutive record-setting quarters for iPhone sales alive.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Lynn Weiler” for the heads up.]
Why speculate (and why spotlight them) at the end of the quarter and less than a week before the quarterly results?
Because they are under invested.
If that’s true, it would indicate that most consumers don’t really care (or even know) about rumors of “iPhone 5.” The current design (including current Retina Display) is great, and it will be even better with an A5.
Some of the surge probably comes from iPhone 3gs two-year contracts that just started to expire in June. Those owners are not waiting for the next iPhone to appear, because even iPhone 4 is a big leap beyond iPhone 3gs.
Bloodbath.
Bet the stock will tank after the numbers are released next week because surely Apple could not do any better.
That’s just the ‘buy on the rumor, sell on the news” trade. The pros buy ahead of time and sell to the crowd as they get excited with the news.
Standard setup. Meat-n-potatos trade for some.
Is Cupertino at the end of a freaking rainbow?
There’s a $60+ BILLION pot-o-gold there…
I upgraded from a 3GS to an unlocked 4 last month @ Saddle Creek. As usual, the store was swarmed with people.
It’s been years since I have seen it any other way regardless of date/time.
Apple will add another $6 Billion in Cash to it’s Cash Hoarde breaking the $70 Billion barrier
Bring the iPhone to T-Mobile and I’ll buy at one!
Earnings Tuesday. That’s when the rubber meets the road. Get ready because it’s going to be a real ride after hours. No fanboys allowed.