Apple Set to Announce Blockbuster Quarterly iPhone Sales?
Apple is scheduled to announce earnings results for its just-ended fourth fiscal quarter of 2010 on October 18th, and one of the big questions is just how many iPhones the company was able to sell during the three-month period. Apple's highest quarterly iPhone sales to-date came in the quarter ending in March of this year, with 8.8 million iPhones sold. The company's iPhone sales dipped slightly to 8.4 million in the June quarter as a successful iPhone 4 launch in the waning days of the quarter wasn't quite able to offset lagging sales over the majority of the quarter as customers held back in anticipation of the new version.
Fortune takes a look at what Wall Street analysts are thinking as far as iPhone sales for the September quarter, finding a broad range of estimates as supply shortages have led to some uncertainty over just how many iPhones Apple has been able to get out to its customers. Analysts are predicting, however, that Apple will see a record-setting quarter for iPhone sales, with estimates ranging from a low of 10 million to a high of over 13 million. The estimates represent anywhere from 35% to 80% year-over-year growth compared to the 7.4 million iPhones sold in the fourth fiscal quarter of 2009.
Of all its products, none is more important to Apple's bottom line than its smartphone, which generated $5.4 billion in fiscal Q3 -- 40% of the company's total revenue. The iPhone 4, launched three days before the end of that quarter, has been in short supply ever since, making it trickier than usual for analysts trying to estimate sales in advance of Apple's quarterly earnings report.
Averaging analysts' estimates to arrive at a consensus number for the quarter, Apple may be looking at approximately 11.8 million iPhones sold, an increase of 60% year-over-year.
Fortune conducted a similar analysis of iPad sales estimates earlier this week, placing consensus estimates at about 5 million for the quarter, on top of the 3.27 million iPads sold in the launch quarter earlier this year.
Popular Stories
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
Apple has dropped the number of Vision Pro units that it plans to ship in 2024, going from an expected 700 to 800k units to just 400k to 450k units, according to Apple analyst Ming-Chi Kuo. Orders have been scaled back before the Vision Pro has launched in markets outside of the United States, which Kuo says is a sign that demand in the U.S. has "fallen sharply beyond expectations." As a...
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, SEGA Genesis,...
Apple Vision Pro, Apple's $3,500 spatial computing device, appears to be following a pattern familiar to the AR/VR headset industry – initial enthusiasm giving way to a significant dip in sustained interest and usage. Since its debut in the U.S. in February 2024, excitement for the Apple Vision Pro has noticeably cooled, according to Bloomberg's Mark Gurman. Writing in his latest Power On...
