Analyst projects disappointing iPhone 6 sales on opening weekend

“You’d think with the rumor mill hitting all-time new heights of crazy iPhone 6 sales will be better than ever when it hits stores on September 19th, but Piper Jaffray’s top Apple analyst, Gene Munster is predicting that won’t be the case,” Buster Hein reports for Cult of Mac. “Munster hasn’t been one to shy away from bold Apple predictions (no matter how many times he’s wrong), but his latest note to investors claims iPhone 6 sales probably won’t be as nearly as huge as the iPhone 5s during launch weekend.”

“Apple’s opening weekend iPhone sales hit 9 million units in 2013, but that number included the iPhone 5c. Apple may have only sold 5.4 million iPhone 5s units according to Munster, who predicts Apple is at risk of announcing a big drop in opening weekend iPhone sales this year, which could be a downer for investors,” Hein reports. “Munster estimates Apple will sell 6.5 million new iPhone 6 units during launch weekend, which would represent a 28% decrease from total iPhone sales last year. The drop in sales numbers would be due to the ‘channel fill’ of over 3 million iPhone units in 2013 when Apple replaced all iPhone 5 units with the iPhone 5c, boosting total new iPhone sales for the weekend.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]

28 Comments

  1. First, he raises price to $120, so that he is not accused of being anti-apple.

    Then, he low-balls the release numbers. There is a lot riding this next five days. Calls, puts, shorts, shorts on the calls. Shorts on the puts.

    Guess what posiotons the venerable gents of the investment side in PJ have? It is all about the next five days. A lot riding on short term bets. These guys have no souls. Hope they lose in the next five days.

  2. The beginning of the end for the up cycle for the illusion that is Apple Inc. Welcome to the Cook era of overloading the market too quickly with evolutionary tech. SJ would never approve of this!

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