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iPhone Sales May Top 62M Units in Fiscal Q4

by Brandon Russell | October 20, 2014October 20, 2014 12:00 pm PDT

Apple iPhone 6 Plus-9

Ahead of Apple’s scheduled earnings release this afternoon, Piper Jaffray analyst Gene Munster shared his two cents in an investor note regarding the iPhone performance over the most recent quarter. And if his numbers are accurate, Apple’s fiscal Q4 will go down as the most successful ever for iPhone sales, possibly topping 62 million worldwide. It’s possible that will happen, too, considering Apple already said it sold a record number of its new smartphones.

The iPhone 6 and iPhone 6 Plus have been on sale for a little over a month, but early numbers indicate the devices are selling like gangbusters. Even Apple has come out to say the new phones broke records in the first weekend, with popularity allegedly off the charts in China, too. With availability in multiple countries, Apple has sold between 56.7 million to 62.7 million, according to Munster; Wall Street estimates come in at 60 million units on average, with other expectations topping 63 million, CNET noted.

Apple sold 33.8 million iPhone units during fiscal Q4 2013. The company’s current record quarter for iPhone sales is fiscal Q1 2014, during which Apple sold 51 million iPhones. If Munster’s estimates are correct, Apple could top last year’s performance by quite a bit, which is mighty impressive considering the quality of competing devices currently on the market. But look at the nearest Apple Store, and you’ll find that demand for Apple’s newest handsets has never been higher—there are still lines at some larger Apple store across the U.S. Keep in mind, too, that Apple’s fiscal Q4 ended at the close of September, which means these figures won’t include iPhone 6 and iPhone 6 Plus sales during Oct.

Apple will reveal the final figures later today, so we’ll see if Munster’s prediction holds true. We’ve already seen pretty phenomenal performance in the U.S. and overseas, so there’s nothing to suggest Apple won’t break its quarterly all-time high once again. It just goes to show how badly Apple fans wanted bigger screens.

CNET

Brandon Russell

Brandon Russell enjoys writing about technology and entertainment. When he's not watching Back to the Future, you can find him on a hike or watching...

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