“iPhone sales were the big surprise this time last year,” Philip Elmer-DeWitt reports for Fortune.
“When Apple reported last April that it sold 35.1 million iPhones in its second fiscal quarter — up 88% from the year before and 15% above Wall Street’s consensus, the stock leaped nearly $42 (7.4%) in after-hours trading,” P.E.D. reports. “Nobody’s expecting that to happen this year.”
P.E.D. reports, “We’ve polled the usual suspects and have heard so far from 48 analysts — 30 Wall Street professionals and 18 amateurs. Although 10 of the 48 believe Q2 iPhone sales this year will fall short of Q2 2012, the consensus is that Apple will beat last year’s number, but not by much. The pros, on average, are looking for unit sales up 4% year over year; the indies for 8%. The median estimate — 37 million — would represent 5.5% growth.”
Read more and see the full list of analysts’ estimates in the full article here.