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Apple Expected to Sell 50M iPhones During Q4

by Todd Haselton | September 24, 2012September 24, 2012 12:00 pm PST

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One Apple analyst recently said that Apple would sell 6 million iPhone 5 units during opening weekend in a “worst case scenario;” he was wrong, though. Apple sold 5 million iPhone 5 units during its opening weekend. Now, another analyst is pushing Apple’s sales expectations for next quarter.

Katy Huberty, an analyst with J.P. Morgan, said she expects Apple to sell 50 million iPhones next quarter. She also said Apple’s total iPhone sales should sit around 25 million units for the current quarter. Huberty’s research note, which was published on Monday, pointed to China as a key growth area. China Unicom should begin offering the new iPhone 5 in December and China Mobile, the world’s largest wireless carrier, is also expected to offer the new device.

Apple’s fiscal first quarter (Q4) ends Dec. 31. The company said in January that it sold 37.04 million iPhone units during that time period in 2011, which represented 128% growth over the same quarter in 2010. If Apple can maintain that kind of growth, then Huberty might not be too far off.

[via CNET]

 


Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...

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