iPhone Sales to Break Another Record?
Looks like another monster quarter:
A Morgan Stanley analyst is now saying that her supply chain checks say Apple will beat their guidance this quarter by a sizable margin.
The industry has been fairly skeptical that Apple will sell about 26.5 million iPhones this quarter. But Morgan Stanley analyst Katy Huberty says she thinks this is a low-ball number. In fact, she said her data shows that something between 29 million and 32 million iPhones were sold in Q2.
Ironic if true, because last week the rumors were that Verizon was going to have to pay a big penalty for not selling as many iPhones as they'd agreed to buy from Apple.
But here's what really happened:
Verizon Wireless on Thursday said it activated far more iPhones than expected last quarter, drastically outpacing the number of Apple smartphones it sold in the same timeframe last year.
America's largest wireless carrier activated 3.9 million iPhones during the second quarter, 44% more than the 2.7 million iPhones it activated in the second quarter of 2012. Verizon's iPhone sales were well above Wall Street's estimate of 3.5 million. Just over half of Verizon's smartphone activations were iPhones last quarter.
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