iPhone sales to beat expectations, claims Morgan Stanley

iPhone sales to beat expectations, claims Morgan Stanley

Summary: According to research published by Morgan Stanley analyst Katy Huberty, Apple may sell 39 million iPhones during the June quarter, comfortably beating Wall Street estimates.

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TOPICS: Mobility, Apple, Hardware
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When it comes to iPhone sales, Apple is in line to have an awesome quarter according to Morgan Stanley analyst Katy Huberty.

Huberty new report is based on Morgan Stanley's "AlphaWise Smartphone Tracker," which, according to Huberty, "compiles sell-through data using web search analysis."

Morgan Stanley's AlphaWise tracker has been a pretty good indicator of iPhone sales over the last year, and has consistently outperformed Wall Street's consensus estimates in four of the last five quarters. Over that period it has been off by 9 percent, 6 percent, -9 percent, 1 percent, and 8 percent, respectively. Compare this to consensus estimates which have been off by 13 percent, 18 percent, 2 percent, -4 percent, and 15 percent, respectively over the same period.

The data for this quarter – compiled up until the end of May – suggests that Apple may sell 39 million iPhones during the June quarter. Wall Street consensus is that Apple will sell 35 million iPhones.

During the same quarter last year Apple sold 31.2 million iPhones, whch means that if accurate, Huberty's predictions would mean a 25 percent year-on-year growth in sales.

(Source: Morgan Stanley)
(Source: Morgan Stanley)

"Similar to the March quarter, we believe promotions from Apple, retailers and carriers are driving strong demand," Huberty wrote. These promotions include Apple offering the iPhone 4 for $99 and the iPhone 4S for $199 to those upgrading to a new handset, while at the same time offering a lower-cost 8GB version of the iPhone 5C. 

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Topics: Mobility, Apple, Hardware

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7 comments
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  • going to another company

    just because of all these reports, I will buy another kind of phone, I hate being a number in a billion
    aviamquepasa
    • Then you better go with Windows Phone.

      They're the only platform that has less market share than iPhone.
      Userama
      • Only?

        There are several minor systems,

        This may be slightly inconvenient, but Blackberry does still exist, though that is probably short term (don't rely on support).

        Windows phone (check the negligible resale value of the phones to see what users think of it). No a system that people choose. More one that they are told that they have to use.

        Tizen - small now, but likely to be massive when Samsung drop Android.

        Firefox OS - may fill Android in the developing world.
        Henry 3 Dogg
  • go team apple

    go team 
    bigbudha2
  • $99 and $199 iPhones? Heck, if the gave them away, they'd "sell" a lot

    more than the 39 million.

    Since there are a lot of consumers who don't see the long-term impact on their wallets from a cell-phone/smartphone combo contract, Apple could easily "give away" every smartphone, and the less than smart consumer would not think twice about how they're being had with the contract.
    adornoe@...
    • Heck, if the gave them away, they'd "sell" a lot

      "Heck, if the gave them away, they'd "sell" a lot"

      So it's surprising how few copies of Android Google manage to give away.
      Henry 3 Dogg
  • Uncertainty Principle

    "iPhone sales to beat expectations, claims Morgan Stanley"

    But if we believe her, then she's wrong.
    Henry 3 Dogg