iPhone sales to hit 62 million in fourth quarter, predicts analyst

Uncategorized | Wednesday July 17 2013 2:52 PM | Comments (0) Tags: , , , , , ,

iPhone sales to hit 62 million in fourth quarter, predicts analyst

(Credit: Apple )

iPhone sales won’t heat up until the December quarter after Apple unveils a low-cost model. At least, that’s the forecast from analyst Gene Munster.

For June quarter results, which Apple reports on Tuesday, Munster expects iPhone sales of 26 million, on par with Wall Street projections. If accurate, that would match the number sold during the same quarter in 2012.

For the September quarter, the analyst anticpates iPhone sales of just 24 million, lower than the 26.9 million sold over the same period last year. That estimate assumes that the iPhone 5S ships during the second to last week in September.

But the picture for Apple looks cheerier once the holiday season rolls around.

Boosted by the debut of a low-cost iPhone , Apple could sell 62 million iPhones during the last calendar quarter of 2013, according to Munster. Wall Street expects just 50 million units. But that number does not assume the roll out of a low-cost version, which Munster believes could trigger 12 million unit sales on its own.

Still, that 62 million figure could be knocked down by cannibalization from the cheaper model, the analyst added in an investors note released Monday.

“We are assuming a 50 percent cannibali… [Read more]

iPhone sales to hit 62 million in fourth quarter, predicts analyst

iPhone sales to hit 62 million in fourth quarter, predicts analyst

 

iPhone sales to hit 62 million in fourth quarter, predicts analyst

 

iPhone sales to hit 62 million in fourth quarter, predicts analyst

 

iPhone sales to hit 62 million in fourth quarter, predicts analyst

 

iPhone sales to hit 62 million in fourth quarter, predicts analyst

iPhone sales to hit 62 million in fourth quarter, predicts analyst

iPhone sales to hit 62 million in fourth quarter, predicts analyst

iPhone sales to hit 62 million in fourth quarter, predicts analyst

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