April 8, 2013
Apple will announce their second quarter earnings on April 23. Until then, analysts are putting the finishing touches on their iPhone sales estimates. To date, 48 analysts have weighed in on Apple’s prospects, according to Fortune. Right now, the median estimate is 37 million iPhones sold between January and March. Last year during the same quarter, Apple reported sales of 35.1 million units. Fortune’s list of forecasters include 30 Wall Street professionals, and 18 amateurs. The most bullish of analysts is Michel Contant from The Braeburn Group, who sees iPhone sales of 42.50 million units. Shaw Wu from Sterne Agee is much more conservative. He believes that Apple will report sales of 32.5 million units. Apple just had their best quarter since the advent of the iPhone era. From October through December, Cupertino sold 47.8 million units. This beat the previous record by over 10 million iPhones. Cupertino plans to conduct a conference call to discuss financial results of their second fiscal quarter on Tuesday, April 23 at 2 p.m. PDT. AppAdvice will provide coverage.