Apple May Move 60 Million iPhones This Holiday Quarter

Apple’s new smartphones, iPhone 6 and iPhone 6 Plus, have already been unveiled and now customers are waiting to get their hands on the units. The company announced today that it saw record pre-orders for both new devices and its announcement has compelled Wall Street analysts to bump up their expectations for sales of the new iPhones this holiday quarter. Some now believe that Apple may end up moving as many as 60 million iPhones in the December quarter.

Piper Jaffray’s Gene Munster expects that Apple will be able to move as many as 59 million iPhones in the holiday quarter, which will be the first full quarter after the iPhone 6’s launch.

Rob Cihra from Evercore Partners is bullish on Apple’s December quarter and estimates unit movement for that particular quarter to top 62 million.

Even when the new iPhones were being rumored a couple of months back many analysts predicted that the expected increase in display size is going to drive sales for the iPhones particularly during the holiday period. iPhone 6 and iPhone 6 Plus have 4.7-inch and 5.5-inch displays respectively, the largest that Apple has ever put on its smartphones.

Apple is also expected to achieve a new sales record once the iPhone 6 release weekend is done and dusted, last year it sold over nine million units of the iPhone 5s and iPhone 5c combined in the first three days after release.

Adnan Farooqui
Categories: Apple, Cellphones
Tags: iphone 6, iphone 6 plus