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Analysts weigh in on Q3 iPhone sales; estimates range from 15M to 20.25M

Earlier this week, Forbes writer Philip Elmer-Dewitt collected third-quarter iPad sales estimates from some 39 different analysts — both amateur and professional — and laid out the tale of the tape ahead of Apple’s earnings report next week. On Wednesday, Dewitt collected third-quarter iPhone sales estimates from the same 39 analysts. Estimates range from the 15 million iPhones Needham’s Charlie Wolf predicted late last month to a record 20.25 million units suggested by Traderhood’s Nicolae Mihalache. The analysts’ calls average out to 16.9 million units, which would be just over double Apple’s iPhone sales in the same quarter a year prior. Apple sold a record 18.65 million iPhones in the second fiscal quarter of this year, and the company’s iPhone business brought in $12.3 billion in revenue.

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Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.