“Wells Fargo Securities believes Apple may have just completed yet another record breaking quarter, driven by a forecasted shipment of 36.5 million iPhones for the three-month period ending in June,” Neil Hughes reports for Appleinsider.
“Analyst Maynard Um projects that Apple may have earned $38.2 billion in revenue in the June quarter, an estimate higher than the $37.9 billion average expectation from Wall Street,” Hughes reports. “In particular, he sees Apple setting a new June quarter record for iPhone shipments, easily topping last year’s 31.2 million units.”
Hughes reports, “Um noted that Apple added 16 new iPhone carriers since the end of April, bringing its worldwide total to 332 carrier partners. In addition, the iPhone also launched in four smaller countries — Brunei, Kosovo, Kazakhstan, and Lebanon.”
Read more in the full article here.
Not bad right before a new product launch. I wonder how the 5c will do during this period.
Samsung (and the rest) have dropping unit sales numbers just a few months after launching a new model. And they weren’t that strong to begin with…
Apple keeps selling iPhones at full price (in record-breaking numbers), right up until the annual release of the next model. And the old models keep selling too. iPhone 5c is essentially last year’s iPhone 5 with plastic casing. It will probably continue in the next line-up as the “free” (with contract) option. The current iPhone 5s moves into the middle ($99 with contract) slot, and then the “free” slot.
While Apple’s competition struggle to keep up by using the spastic “product churn” strategy, Apple calmly uses the same designs for a full THREE years. It’s amazing how Apple competes by not even playing the same game.
Well said.
Analysts have a lot of variance. Even the best analysts can be way off. Why ? Because Apple rarely gives numbers that have real accuracy in the middle of the quarter. That is to say, use your grains of salt until earnings are announced.