June 10, 2014
Apple’s third fiscal quarter doesn’t end for another three weeks. Regardless, analysts are beginning to make their projections on how many iPhone units were sold between March and June. On Tuesday, Morgan Stanley released the results of its latest AlphaWise Smartphone Tracker survey, which included data through the end of May. Based on this data, the company says that Apple is on pace for another record June quarter in terms of iPhone sales, according to AppleInsider. Analyst Katy Huberty tells investors that “there is demand among consumers for 39 million iPhones units” for the three months ending June 28. Last year, Apple sold 31.2 million iPhone units during the quarter, a record. In 2012, they sold 26 million units. AppleInsider notes that “Morgan Stanley's AlphaWise surveys have been a good indicator of how much market demand there is for Apple's iPhone over the last year. The survey has outperformed Wall Street's consensus estimates in four of the last five quarters.” Currently, the Wall Street consensus is that Apple sold 35 million iPhone units during the current quarter. Huberty believes this number is too low. She notes, “Similar to the March quarter, we believe promotions from Apple, retailers and carriers are driving strong demand.” Last quarter, Apple sold 43.7 million iPhones. That’s compared to 37.4 million handsets during the same time frame last year, or around a 16 percent increase. See also: Not Everyone Is Waiting Around For Apple's 'iPhone 6,' Steve Jobs Is Probably Smiling From Above As Apple's iPhone 4s Remains Incredibly Popular, and Apple's Share Of Japan's Smartphone Market Booms, Hits 36.6 Percent.