iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$VZ Sales Hint at a Huge Bump in iPhone Sales

“Right now, the Street’s consensus is around 48 million units.

But, Topeka Capital analyst Brian White says that if you use Verizon’s just announced iPhone sales as a guide, Apple could demolish expectations.

Verizon sold 6.2 million iPhones last quarter. Historically, Verizon has been about 11% of iPhone sales. If that holds, then Apple will have sold 56 million iPhones, says White. Even if it’s 12% of iPhone sales, Apple could have sold 51 million….”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter