Morgan Stanley: Apple to beat market consensus with 29-32 million iPhones shipped in June quarter

“Potential upside in Apple’s recently concluded June quarter could be driven by greater-than-expected iPhone shipments, with one analyst predicting that the company beat projections and shipped at least 29 million iPhones,” Neil Hughes reports for AppleInsider.

“Citing demand data from Morgan Stanley’s AlphaWise Smartphone Tracker, as well as supply chain checks, analyst Katy Huberty said in a note to investors on Wednesday that she believes stronger-than-anticipated iPhone shipments will drive revenue and earnings per share above market consensus,” Hughes reports. “Wall Street watchers generally expect that Apple shipped 26.5 million iPhones during the June quarter. But Huberty’s data suggests Apple shipped anywhere between 29 million and 32 million smartphones during the three-month frame.”

Hughes reports, “Beyond the iPhone, Huberty expects that Apple also shipped 3.9 million Macs and 18 million iPads. That would help Apple push its net earnings per share beyond the $7.32 consensus expectation on the Street.”

Read more in the full article here.

MacDailyNews Note: Apple plans to announce fiscal Q313 earnings results Tuesday, July 23, 2013 after market close. MacDailyNews will post the results as soon as they are available (right around 4:30pm EDT) and we’ll also cover Apple’s conference call with our usual live notes starting at 5pm EDT.


  1. There’s no way that Apple can move that many iPhones. Verizon is falling well short of sales targets. Russian telecom companies are rejecting the iPhone. Same non-story with China Mobile – they’re not selling the iPhone either.

    Face it, the iPhone is too expensive for what it is. Sales are going to run out of steam when it passes from being a fad to an almost-ran in the smartphone stakes, just like the Mac.

    My prediction? Lucky to break 20 million.

    1. The great neck beard hope.

      6 years of explosive growth and the great S4 flop does nothing to dampen what can only be characterized as religious fervor at this point.

      Enjoy your Android catechism.

    2. @ No Way — little troll boy – you have no life and no real knowledge its sad – We all wish you the best in your long life of obvious confusion and miss direction… go whack yourself else where!

  2. It’s been a while since Apple has announced earnings on a Tuesday. Tuesday’s their favorite day for high-impact, favorable announcements. This subtle clue has had me optimistic about this upcoming report as much as Huberty’s data.

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