Told a trader on CNBC last week
Supply chain expects Apple to ship more than 50M iPhones in current March quarter
By Neil Hughes
Tuesday, February 03, 2015, 06:44 am PT (09:44 am ET)
In the follow-up to Apple's blockbuster December quarter, the company could exceed sales of 50 million iPhones in the current March frame, companies in the Apple supply chain reportedly believe.
Citing sources within Taiwan's handset supply chain, DigiTimes reported on Tuesday that component makers expect Apple's iPhone will top the 50-million-sale mark for the first time ever outside of the holiday shopping season. Reaching 50 million units in the three-month period would represent an increase of 14.4 percent from the 43.7 million iPhones the company shipped in the March quarter of 2014.
To date, Apple has exceeded sales of 50 million iPhones in a single quarter twice, and both of those were holiday quarters. Apple's second quarter of fiscal 2015 runs through the end of March, and will represent the second full quarter of sales of the new iPhone 6 and iPhone 6 Plus. Demand during the March quarter is expected to be bolstered by Greater China, where the upcoming Lunar New Year could bolster sales of the iPhone. Sources in the supply chain reportedly believe that Apple's Asia-Pacific sales will continue to rise and take up an increasing part of the company's bottom line.Alleged supply chain expectations for the iPhone are about in line with Wall Street projections, as analyst Gene Munster of Piper Jaffray says that the market generally expects about 51 million iPhone units to be sold in the March period.Apple has exceeded the 50-million threshold only twice before: Just recently in the holiday 2014 quarter, when it sold a record shattering 74.5 million units, and in the holiday 2013 quarter when it achieved sales of 51 million iPhones.
Apple revealed last week that it shipped its one-billionth iOS device last quarter, with the iPhone representing the lion's share of device sales. Chief Executive Tim Coo
Isn't that criminal? What was aapl reward on 74.5m iPhones 3% amzn missed rev no worry WS to the rescue up 15%.
reward you with 3%
You idiots reward amzn on a rev miss 14% go to he"ll. Goog misses for 8 Q yes let's reward their poor reports 5%. But aapl lets play option manipulation the he""ll with their report.
Up 15%. Go to hell criminals
Yet those criminals play option
Amzn missed rev up 12% Goog missed again top and bottom line up and we with a historical mind blowing results were given so little. Why down pre market? So much
What will it take for WS criminals to give AAPL a fair value at least PE of 20. Goog b****s is blaming the $$$ for the miss but WS forgive them, what would have happened if AAPL missed ? 5-10% haircut no matter if they would have blamed strong $$$. AMZN with a net of 200m$ and a 200B$ market cap? AAPL beat by 20% rev grew by 30% !!!!! yet AAPL was given no more than 6% on the after report reward. Go to he"ll WS
Yesterday a selloff on nothing today pathetic 6% we are left with 2.5% reward on a monomental record earnings?
06:47 EDT AAPL Apple price target raised to $160 from $143 at Cantor
Cantor increased its price target on Apple after the company reported stronger than expected results. The firm called the results "exceptional," and it thinks the company has a number of additional upcoming catalysts, including the 4G ramp in China and the Apple Watch. It keeps a Buy rating on the shares.
06:38 EDT AAPL Apple price target raised to $140 from $112 at JPMorgan
JPMorgan raised its price target for Apple shares to $140 from $112 following the phone maker's better than expected December quarter results. JPMorgan believes new products in 2015 will drive Apple's earnings growth ahead of peers. The firm reiterates an Overweight rating on the stock. Shares of Apple are rallying $7.61, or 7%, to $116.75 in pre-market trading.
06:25 EDT AAPL Citi lists five reasons why Apple shares can go higher
Citigroup lists five reasons following Apple's better than expected December quarter results why it believes the stock can go higher. Citi says device acceleration, the potential for consensus estimates to move up, a lack of margin decline, Apple Pay, and the company's opportunity in enterprise can drive the stock higher. The firm reiterates a Buy rating on Apple with a $135 price target, noting it views Apple Watch as a bonus upside catalyst.
This AH is a joke. AAPL predicted 66B$ and they came with 75B so 55B$ is a sandbag this will be around 60B rev
Those clowns analysts should go and recalibrate their worthless numbers
All analysts will be forced to up thier numbers tomorrow
5% on staggering results with with a 15% beat on top line and 18% bottom line?