Apple to Sell 46.5 Million iPhones at Holidays

Telecom & Wireless

Published: September 23, 2012 9:19 am

Last Updated: September 24, 2012 4:56 am

Sterne Agee analyst Shaw Wu believes that Apple (NASDAQ: AAPL) iPhone 5 sales could reach 46.5 million in its fiscal quarter which includes the 2012 holiday season. The figure is well above almost all other estimates. At approximately $600 per unit (paid for carriers, and then sold to customers for $200), would give Apple unexpected revenue. If anything would push Apple from $700 to $800, it would be sales at unit sales level.

Apple Insider reports:

In Wu’s view, those who do not think Apple’s latest handset will be a success “underestimate” the iPhone 5. He thinks the device will place a great deal of pressure on competitors, and will help Apple capture customers who may have otherwise purchased an Android or Windows phone with a larger screen or 4G LTE connectivity.

With iPhone sales forecast to reach 46.5 million in the December quarter, Apple is expected to set a new record for iPhone sales in the holiday shopping season. The company’s previous best quarter came at the end of 2011, when Apple sold a record 37 million iPhones.

Douglas A. McIntyre

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.