Wednesday, December 21, 2011

Analyst boosts Q1 iPhone shipment estimates to more than 30 million units

Analyst boosts Q1 iPhone shipment estimates to more than 30 million units

. Susquehanna issued a note to its clients on Wednesday in which the firm said it is increasing its iPhone shipment forecast for Apple's first fiscal quarter. The company originally expected Apple to ship 27.1 million iPhones during the quarter but has revised that figure up to 30.3 million units. “The revisions are based on positive sell-through data combined with recent supply-chain checks, which suggests that earlier component constraints have largely been resolved and build plans have increased for the fourth and first quarter,” the company explained in a note to clients.

Boy Genius Report, Analyst boosts Q1 iPhone shipment estimates to more than 30 million units