Apple could ship 30.3m iPhones this quarter

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December 24th, 2011, 23:13 Posted By: wraggster

To put annual sales total on target for 111.4m.
Analysts at Susquehanna Financial Group have revised their numbers up following the bigger than expected success of the iPhone 4S, which was launched in October
They are chiming with the projection by UBS analyst Maynard Um a few weeks back that Apple would sell as many as 30 million iPhones in the quarter to end of December.
The previous estimate was for 104.4 million units.
“Demand appears solid as iPhone 4S continues to ship in one to two weeks online and stores are generally sold out for in-store reservation and pickup (still hoping Santa has a few left),” said Susquehanna analyst Jeffrey Fidacaro.
“These factors, combined with positive color from Best Buy and AT&T, led us to increase our iPhone shipment forecast for North America and modestly for Western Europe and Asia Pacific.”

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