Analyst expects Apple to sell 71.5 million iPhones this quarter

Analyst expects Apple to sell 71.5 million iPhones this quarter
According to KGI analyst Ming-Chi Kuo, Apple will see its sales of iPhone models soar 82% in this year's fourth quarter, compared to the previous three-month period. Kuo sees sales dropping back to earth during the first quarter of 2015. He forecasts a 31% sequential drop of iPhone sales for the opening three months of 2015, bringing the total to 49.4 million for the period.

Kuo sees the Apple iPhone 6 outselling the larger Apple iPhone 6 Plus by better than a 2 to 1 margin in this quarter, and next. For the current period, he predicts that Apple will sell a whopping 41.6 million units of the 4.7-inch iPhone 6, compared to the 15.1 million 5.5-inch iPhone 6 Plus phablets he expects to see rung up during the current three month period. That ratio of 2.75 iPhone 6 phones sold for each iPhone 6 Plus purchased, will drop to 2.11 to 1 for the next quarter. That could be due to increasing supplies of the larger model.

The analyst predicts that most iPhone models will show a decline in sales during the opening quarter of 2015. Two exceptions are the Apple iPhone 5c and the Apple iPhone 4s. The former is estimated to show a 77.3% increase in Q1 sales due to lower pricing. Kuo also expects the iPhone 4s to increase sales 58.2% sequentially, thanks to strong sales in emerging markets.

via: AppleInsider

Recommended Stories

Loading Comments...
FCC OKs Cingular\'s purchase of AT&T Wireless