Analysts estimates 35 million iPhones sold in March quarter

Piper Jaffray analyst Gene Munster estimates that Apple sold 35.5 million iPhones in the first quarter of 2013.

The investors note, released today argues that Verizon’s 4 million iPhones sold in the same quarter is bang on expectations, and that Apple’s overall iPhone sales should also fall in line with expectations.

iPhone 5 vs. 4S

Sales of the iPhone 4/4S remain strong despite the release of the iPhone 5…

However, Munster did suggest that because we only have Verizon’s numbers to draw on, predicting iPhone sales was still difficult at this stage. The Street is predicting sales of 37 million, however Munster said that Piper Jaffray “remain comfortable” with their estimate.

Verizon’s latest figures show a 50/50 split in sales between the iPhone 4/4S and the 5, a little lower than expected. Despite these figures however, Munster remains confident that Apple’s revenues for the March quarter would sit at $41.4 billion.


Via: Cnet

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