“UBS’ Maynard Um has raised his own estimate of the number of iPhones Apple will sell in the 4th quarter to 30 million units instead of 28 million, reacting to an earlier report today at a UBS conference that AT&T is on track to handily beat its best-ever iPhone quarter of 6.1 million units, having already sold 6M in the first two months of the quarter,” MacNN reports.
“Um and Shaw Wu, an analyst at Sterne Agee, had already raised estimates earlier in the day in reaction to the AT&T news, sending out investor memos that estimated AT&T would move 7.2 million iPhones and 9 million smartphones overall to the end of the calendar year,” MacNN reports. “Wu raised his total estimate of iPhones sold in the quarter from 26 to 28 million, while Um has now moved to 30 million — but still called his guess likely to be ‘conservative.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]