Apple’s iPhone Sales Will Drop in Q2, According to Analysts

iphone 8 apple stockElisaRiva / Pixabay

Apple's iPhone Sales Will Drop in Q2, According to Analysts

Analysts are now expecting Apple Inc. (NASDAQ:AAPL) to have sold fewer iPhones in the first quarter of 2012 than they did in the fourth quarter of 2011. For Apple everybody else’s Q1 2012 is their Q2 2012, I’ll be using their notation from now on. The company managed to sell 37 million iPhones in the three months up to January last year. The company is set to announce its earnings for this quarter next week along with shipping figures for all of its devices. The iPhone is expected to come in a little lower than it did in the last quarter at around 35.1 million shipped units.

Apple's iPhone Sales Will Drop in Q2, According to Analysts

The drop is to be expected with the first quarter being the home of holiday sales bumps and Apple having launched its updated iPhone in November which usually means a bump in terms of sales. The drop between quarters will not be a slowdown for the company as sales of 35 million iPhones this quarter compare to sales of 18.6 million for the same quarter last year. An almost doubling of sales in units of its most iconic product isn’t bad at all for the Cupertino firm. The company sold only 8.8 million handsets in the same quarter of 2010. 2011 was a year on year increase of more than double sales for the product.

The company has seen iPhone sales jump since the launch of its 4S model. The company had it’s projections for iPhone sales repeatedly increased by major analysts this quarter as strong demand from the rest of the world has spurred growth. Apple continues to strive for even greater heights in share price as it continues its reign as the world’s most valuable company. Sales this quarter should not be seen as a disappointment as the company has often seen figures at a rougly consistent level each year with big jumps when the firm release a new model. An iPhone 5 is expected to be released later this year.

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