Fidacaro based his revised estimates on supply-chain checks and “positive sell-through data”. In particular, he says that component supply constraints are starting to ease as the flooding in Thailand starts to subside.
Fidacaro also increased his estimate for next year’s sales, predicting Apple will sell 111.4 million iPhones in 2012. Since Apple makes more money per phone than any other manufacturer, numbers like these ensure the team from Cupertino has a very merry holiday season indeed.
source: All Things D