“In the analysts’ notes to investors leading up to Apple’s quarterly earnings report next week, the iPhone is topic No. 1,” Philip Elmer-DeWitt reports for Fortune. “We’ve heard from 32 Apple analysts so far — 20 Wall Street professionals and 12 amateurs. Their estimates range from a high of 42.5 million iPhones, from Needham’s Charlie Wolf, to a low of 34.05 million from a pro who asked that his name and affiliation not be used. He’s one of 10 analysts who believe Apple sold fewer iPhone last quarter than the 37.4 million it sold in the same quarter last year.”
“The average of all the estimates is 38.2 million, which would represent a 2% increase year over year,” P.E.D. reports. “As usual, the amateurs are more bullish, with an average estimate of 38.8 million. But the pros are right behind them at 37.8 million.”
P.E.D. reports, “We’ll find out who was closest to the mark when Apple reports its fiscal Q2 2014 earnings after the markets close on Wednesday, April 23.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]