Gene Munster anticipates 30.5 million in iPhone sales, 12 million in iPad sales in Q2 2012

Mon, Apr 16, 2012

Finance, News

With earnings season getting underway (Google just released their Q1 2012 earnings yesterday), Apple is next on deck and will release their Q2 2012 earnings on April 24, 2012.

With that date fast approaching, Piper Jaffray analyst Gene Munster has updated his projections for Apple’s quarterly sales figures.

Specifically, Munster anticipates Apple will record sales of 33 million iPhones, 12 million iPads, and 4.3 million Macs. The consensus on Wall St. is that Apple will deliver 30.5 million in iPhone sales, 13 million iPads, and 4.4 million Macs.

During Apple’s last quarter (Q1 2012), the company reported record sales across its entire product line, selling upwards of 37 million new iPhones. Hitting the 33 million iPhone mark would be quite impressive given that the iPhone 4S is no longer the new kid on the block and that we’re well past the busy holiday shopping season.

iPad wise, it’ll be interesting to see how the newest iPad performed. Remember that the device got off to an incredible start this quarter, with Apple moving 3 million units in the first weekend of the device’s availability. What’s more, the new iPad roll out has been quite expansive, reaching a multitude of countries shortly after debuting in the US.

During Apple’s Q2 2011 quarter, the company reported earnings of $6.40 on revenue of $23.34 billion.

Product wise, Apple in the second quarter of 2011 sold 4.69 million iPads and 18.7 million iPhones.

In Q2 of 2010, the company reported EPS of $3.33 on revenue of $13.5 billion. In Q2 of 2009, Apple’s EPS came in at $1.79 on revenue of $8.2 billion.

via AppleInsider


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