iPhone rings up quarterly sales of at least 12 million, says analyst

iPhone | Saturday December 31 2011 2:15 AM | Comments (0) Tags: , , , , , , ,

iPhone rings up quarterly sales of at least 12 million, says analyst

(Credit:
Apple )

Apple may have sold more than 12 million iPhones in the U.S. alone during the last three months of 2011, says Canaccord Genuity analyst Michael Walkley.

Sales heated up across all three of the phone’s U.S. carriers. Although Verizon kept pushing its new 4G LTE phones, the carrier racked up record iPhone sales of 4.2 million for the quarter, more than double the number sold in the previous quarter.

AT&T’s iPhone sales likely hit around 6 million, estimated Canaccord Genuity in an investor’s note released yesterday. However, fellow investment firm Susquehanna had forecast as many as 7.2 million iPhones sold by AT&T alone during the quarter.

Finally, iPhone newcomer Sprint may have sold around 2 million units, according to Walkley.

Although the sales estimates add up to around 12 million, the analyst said he believes the number shipped into the retail channel could have been as high as 14 million during the final quarter. And expanding his crystal ball, Walkley said Apple likely sold… [Read more]

iPhone rings up quarterly sales of at least 12 million, says analyst

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