With Apple’s upcoming fiscal Q3 earnings call just around the corner, analysts are predicting the company sold as many as 40 million iPhones during the quarter that ended last month. That’s on the high side of estimates complied by Fortune, however. Estimates from a poll of 26 analysts includes predictions ranging from 31.8 million to almost 40 million units. The average of estimates comes in at 35.88 million.
If Apple does report iPhone sales for the quarter somewhere in the neighbourhood of the 35 million average, that would represent an almost 15% increase from last year. In its Q3 earnings report last year, the company reported growth of 20% year over year for iPhone sales with sales of 31.2 million iPhones during the quarter.
Even with new iPhones expected this fall in what might turn out to be one of the biggest updates yet for the device, it looks like iPhone sales could remain strong going into the new launches. Apple’s earnings call is scheduled for Tuesday, July 22 next week.
A full list of predictions from the analysts included is below:
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I’ll settle for 35 million as long as it doesn’t make the share price plummet which is pretty easy for Apple’s stock to do when WS’s expectations aren’t met to the letter.
With the new iPhone coming out I better sell my old iPhone before the value of it drops. I usually search 8-13 different sites to find the best offer, but I just found this company that compares all the buyback companies in one spot, it’s called RecomHub.
It’s like Kayak but for electronic devices that show you all the offers in one spot.
With the new iPhone 6 coming out I better sell my old iPhone before the value of it drops. I usually search 1-13 different sites to find the best offer, but I just found this company that compares all the buyback companies in one spot, it’s called RecomHub.
It’s like Kayak but for electronic devices that show you all the offers in one spot.