Here is why:
1.Apple sells its Iphone 5 to more than 100 countries
2.A list of new products launch.
3.Market is short sighted because it only focuses on US and China but ignore the other countries. If each countries sell only 530,000 units of iphone, it will be 53 million units. However, China alone sold 3 millions unit of iphone just only over the weekend. In Taiwan, it sold more than 300,000 iphone up to December 1, 2012 and taiwan is a small country though. I dont know the other countries but I will not underestimate those markets and I believe apple will do better than last year though.