Tuesday, October 9, 2012

Record iPhone 5 sales could be short-lived as RBC slashes Q4 estimates

Record iPhone 5 sales could be short-lived as RBC slashes Q4 estimates

. Selling 5 million smartphones in three days is no easy feat, and with so many people rushing to buy Apple's (AAPL) new iPhone 5, the sustainability of the remarkably heavy iPhone demand we have seen thus far is being called into question. In a recent note to investors, RBC Capital Markets analyst Amit Daryanani wrote that he believes iPhone sales will be even hotter than initially expected in the September quarter and he increased his sales estimates to 24.8 million units from his earlier projection of 20 million iPhones.

Boy Genius Report , Record iPhone 5 sales could be short-lived as RBC slashes Q4 estimates

See also:
hitech, Record iPhone 5 sales could be short-lived as RBC slashes Q4 estimates