Videos

Apple To Sell 51 Million IPhones This Quarter, Forecasts Analyst

wochit technology
|
October 29, 2013 AT 4:55 PM
Canaccord Genuity analyst Michael Walkley says In an investors note out Tuesday, that Apple could sell as many as 51.5 million iPhones during the holiday quarter. Walkley said he expects strong sales of the iPhone 5S through December as Apple bumps up supply to meet the heavy demand. The more expensive 5S is currently outselling the 5C by a ratio of 2.5 to 1, according to the analyst. Apple reported total iPhone sales of 33.8 million iPhones last quarter and 47.8 million in the final quarter of 2012 . iPad sales were soft last quarter, Walkley said.