Updated at 8:07 PM: Late on Wednesday, UBS analyst Maynard Um released a second research note raising his December forecast for Apple’s iPhone sales to 30 million units. Accompanying the new forecast, the analyst raised Apple’s revenue estimates to US$38.5 billion from $37.2 billion. He raised earnings per
share estimates to $9.90, up from $9.47. - Editor]
AT&T told UBS analyst Maynard Um that its iPhone sales are off the hook this quarter. Ma Bell said on Wednesday that it sold some 6 million iPhones in just the first two months of the quarter, just shy of the company’s previous full quarter record of 6.1 million units—the company expects to blow past that number during December, which has traditionally been a good month for the iPhone.
The company said that pent up demand for the iPhone 4S, which was released at the beginning of the quarter, was a big part of why the device is doing so well at the carrier. It also expects the iPhone 3GS, which is free with a two year contract, to boost sales during December.
In a research note obtained by The Mac Observer, Mr. Um said that he had modeled for just 6 million iPhones sales through AT&T for the full quarter. In light of AT&T’s announcement, he increased that forecast to 7.2 million—a number that most will still see as quite conservative.
http://www.macobserver.com/tmo/article/att_to_set_new_quarterly_iphone_record_in_holiday_q4/
|
