UBS: Apple to ship 42.5 million iPhones in Q4
Tuesday, October 25, 2011
Spurred by the iPhone 4S launch, several analysts expect sales of Apple's iPhone lineup to explode during the fourth quarter of this year.
“The timing of the 70 launches could have some impact on sales ahead
of the launch, the US/International split, and hence, our estimates look
conservative,” UBS analyst Maynard Um said in a recent note to
investors. “A similar 27.5 percent U.S. / 72.5 percent international
split from this quarter would imply 42.5 million units in CY4Q or an
upside of 14.5 million iPhones.” Apple shipped 17.1 million iPhones
during the fiscal fourth quarter, and the lower-than-expected sales were
blamed on rumors and anticipation ahead of the iPhone 4S launch. Um predicts a huge turnaround for Apple in the fourth
calendar quarter, and of course he isn't alone. The “resoundingly
successful” iPhone 4S launch is expected to result in a big holiday
season for the Cupertino-based company, Ticonderoga Securities said in a
recent note.
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