MacNN | Piper Jaffray: Apple will sell 5-6 million iPhones this weekend
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Piper Jaffray: Apple will sell 5-6 million iPhones this weekend
Thursday, September 19, 2013 @ 1:38am

Analyst Gene Munster of Piper Jaffray believes Apple will break the record set by the iPhone 5 during its launch weekend a year ago, and will sell somewhere between five and six million iPhones in the first three days of availability, which begins on Friday. This would put the company on track to sell as many as 20 percent more units than when the iPhone 5 launched, and includes both pre-orders and retail sales estimates. The original iPhone, released in 2007 to long line-ups, took 74 days to sell its first million units.



Munster breaks down his prediction by saying that he believe Apple will record 2.5 million sales of the iPhone 5s, most of which will come from retail as that particular model hasn't been available for preorder. However, in China and Hong Kong customers could make "reservations" for them (and as a result, all the reserved stock in the country quickly sold out). Another three million will come from iPhone 5c sales, with two-thirds of sales coming from retail rather than preorder, AppleInsider reports. China, Munster believes, will account for 10 to 15 percent of first-weekend sales all by itself. The country has joined the ranks of "launch day countries" for the first time this year, and indications of sellouts of both iPhone 5s and at least some colors of the iPhone 5c suggest that sales there will be strong. He added that if Apple doesn't announce first-weekend sales sometime next week, it would indicate that the company fell short of the iPhone 5 record from a year ago. Despite believing that supplies of the two new iPhone models will be constrained at retail, Munster feels confident that the company has put out at least as much stock into distribution channels as it did in 2012, making it plausible that the 5M iPhone 5 opening weekend record could fall. Shortages should thus be a sign that demand has increased significantly, he reasons.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • FCC distributes new 'Open Internet' rules internally ahead of May vote - 7:10 PM EST
  • Apple announces historic 7:1 stock split, increases buyback program - 6:47 PM EST
  • Angela Ahrendts to join Apple 'next week,' says Tim Cook - 5:50 PM EST
  • Apple Q2 numbers show loss in iPad revenue, growth in China and Japan - 5:30 PM EST
  • Apple touts $45.6 billion in Q2 2014 revenues - 4:31 PM EST
  • DoubleTwist MagicPlay adds AirPlay support to Google Play Music - 4:23 PM EST
  • Briefly: Viber 4.2 for iPhone, new STM laptop bags - 3:43 PM EST
  • GameStop to add 23 Simply Mac, 400 Spring Mobile stores this year - 1:46 PM EST
  • Review: Samsung Galaxy S5 on Verizon - 1:30 PM EST
  • Catcher technology pegged as supplying metal casings for iPhone 6 - 12:32 PM EST
  • Google Maps adds option to view older Street View image collections - 12:17 PM EST
  • iOS 7.1.x code points to Siri support on Apple TV - 11:12 AM EST
  • Amazon signs deal for HBO content on Prime Instant Video, Fire TV - 10:27 AM EST
  • Update fixes FaceTime for Snow Leopard; iOS 6 support still broken - 9:30 AM EST
  • Briefly: WhatsApp hits 500M active users, Sprint domestic unlocking - 7:39 AM EST
  • Apple vs Samsung, Day 10: The home stretch - 2:15 AM EST

    Today's iPodNN Stories:
  • Founder Mark Pincus leaving Zynga, Alex Garden hired as president - 7:33 PM EST
  • Start Menu could return in rumored Windows Update in August - 2:23 PM EST
  • Google partnering to form $250 million residential solar lease program - 2:12 PM EST
  • Samsung Galaxy K shown at full zoom in leaked photographs - 9:14 AM EST
  • OnePlus One launches with 5.5-inch 1080p display, 2.5GHz processor - 6:18 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.