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Analyst bumps Q3 and cuts Q4 sales predictions of iPhone 5

Posted: , by Michael H.

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Analyst bumps Q3 and cuts Q4 sales predictions of iPhone 5
The iPhone 5 has been selling like gangbusters. The pace of iPhone 5 sales so far has been pretty amazing, and even more amazing given the bad press the phone has been getting from the mess that is the Maps app. Of course, the pace can't last, and now an analyst at RBC Capital Markets has adjusted the predictions for iPhone sales to close out the year.

RBC Capital Markets analyst Amit Daryanani had originally thought that Apple would sell 20 million iPhones in Q3, which ended with September, and although the official numbers aren't yet available, Daryanani is now bumping up that prediction to 24.8 million, which is pretty impressive. Unfortunately, the numbers aren't looking as good for Q4, where Dayranani has dropped the prediction from 57 million units down to 49 million. 

The reasoning for the drop in Q4 is partially to do with the bump in Q3, the idea being that people are simply buying sooner than expected. The other piece of the puzzle is that there are expected to be problems keeping up with supply. Still, if Daryanani is right on all fronts, it should help that Apple is also expected to sell a total of 30 million iPads with the expected release of the iPad Mini.

source: BGR

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1. imeubeu posted on 09 Oct 2012, 19:53 6 1

iphone up, htc down, why why why

2. darkkjedii posted on 09 Oct 2012, 19:54 6 8

Sounds like major success either way.

3. Topcat488 posted on 09 Oct 2012, 19:54 4 7

I bought the orignal galaxy note, back in May 2012, because it took too long for the Ip5 to come out.

5. lubba posted on 09 Oct 2012, 20:35 13 1

...and?

4. prakesh posted on 09 Oct 2012, 20:13 5 2

lols! i dnt thnk so they sell that much, they expct to sell 8million during launching but they did only 5million

so if they expect 47 divided by 2 so more or less 25million haha

6. Jelly_Bean posted on 09 Oct 2012, 20:45 7 1

Apple --------> Giving wrong figures in media and conference just to attract more crowd. This is just another marketing stunt to attract more sh33p...!!!

In reality they are loosing their ground in the market. Just look at their shares just dropping day after day.....!!!!

11. quakan posted on 09 Oct 2012, 22:37 2 2

The shares dropping doesn't mean they're losing ground, it just means that the price per share was more than likely overvalued and that price is heading to a more reasonable number. That price hike drew in plenty of suckers who felt like they were about to win big. Never buy stocks off hype, Facebook stock holders learned that the hard way.

7. GoBears posted on 09 Oct 2012, 21:11 9 1

I couldn't care less as long as I never have to use one.

8. Bozzor posted on 09 Oct 2012, 21:38 3

I do think that despite the amazing success Apple has had to date, they are about to face the strongest competition ever this coming holiday season. We have the new Windows 8 phones coming out along with the supposed next generation Nexus handsets, one of which may well sport a 1080p screen with a 5 inch diagonal. Then there are the Blackberry 10 handsets arriving early next year, which may well be enough to stem part of the tide. Sure, it's not as if Apple is going to suddenly see its market share collapse, but it will likely find it harder to achieve the same growth rates it has in the past.

9. wsucoug13 posted on 09 Oct 2012, 21:48 10 1

Soooo many stupid people in this world....

10. oister85 posted on 09 Oct 2012, 22:37 1

Apple is been surpass with technology i dont think they have competition is about apple fan royalties

12. lubba posted on 09 Oct 2012, 22:45 2 1

They can predict everything about the iPhone yet they can't predict the end of the world.

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