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Sun, Nov 08, 2009 - 09:37 AM EST  —  AAPL: 194.34 (+0.3099, +0.16%)  |  NASDAQ: 2112.44 (+7.12, +0.34%)

Piper Jaffray analyst conservatively expects Apple to sell 4.47 million iPhones this quarter
Wednesday, August 13, 2008 - 11:01 AM EST

"Piper Jaffray analyst Gene Munster has upped his estimate of the number of iPhones he expects Apple to sell in its 4th quarter, from 4.1 million to 4.47 million, according to a report to clients issued early Wednesday," Philip Elmer-DeWitt reports for Fortune.

"Munster’s new estimate is based 1) on Apple’s report that it sold 1 million iPhone 3Gs in the three days following the device’s July 11 launch and 2) on 25 hours of in-store checks across the United States conducted over the past two weeks," Elmer-DeWitt reports.

"On Tuesday, Fortune.com reported on the findings of an independent analyst, Michael Cote of the Cote Collaborative, who estimates that 3 million units were purchased worldwide during the iPhone 3G’s first 30 days on the market," Elmer-DeWitt reports.

"Piper Jaffray’s estimate is probably conservative, says Munster, because it doesn’t take into account iPhone sales in the 22 additional countries scheduled to start carrying the iPhone on Aug. 22," Elmer-DeWitt reports.

More in the full article here.

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Aug 13, 08 - 10:02 am Comment from: Mac+

5 millions minimum

Aug 13, 08 - 10:26 am Comment from: R2

That's about the number of BlackBerries RIM sells per quarter. With a single phone in what's still a handful of countries compared to the scope of top competitor, that would be incredible. And it's not even available in China yet!

Aug 13, 08 - 10:27 am Comment from: iPhone Market Share

No chance.
- Steve Ballmer

Aug 13, 08 - 10:28 am Comment from: thethirdshoe

Guess how many jelly beans in the JAR!

I say: 9,500,001 wink

Aug 13, 08 - 10:32 am Comment from: thethirdshoe

What will you win?
Diddly.
Groucho would say: I'll take Diddly. She's my kinda girl!

Aug 13, 08 - 10:32 am Comment from: JAYGEE

Best get as many iPhones out before the Google Android phones are released LOL

Aug 13, 08 - 10:35 am Comment from: Zune Tang®

Looks like a rounding error to me, Piper Jaffray. MAC might sell 400 of these bug-ridden toys in the year, not 4+ million in a quarter. Besides, 20 million Windows Mobile devices are sold each year, so 400 I-Phones is pathetically miniscule. Have any of you MAC sheep seen one of these in the wild? Thought so.

Advance previews of Windows Mobile 7 is clearly taking the wind out of MAC's sales. 'Sales', not 'sails', get it? Probably not. MAC dorks.

Your potential. Our passion.™

Aug 13, 08 - 10:38 am Comment from: The Muffin Man

Ugh!

3 million in a month, with another one-and-a-half months of this quarter to go, AND they're still queuing up for them.
On top of that, 22 new countries are getting them this month - including India.

I believe we're talking about 6 to 7 million iPhones sold this quarter.

Aug 13, 08 - 10:43 am Comment from: The Muffin Man

..... possibly more!

Aug 13, 08 - 10:45 am Comment from: ron

4.47 million? How whacked is that? Come on Piper Jaffray, be daring, make it 4.5 million.

Aug 13, 08 - 10:54 am Comment from: Mac+

10 millions iPhone 3G by Dec. '08.

Aug 13, 08 - 10:58 am Comment from: The Muffin Man

ron,

yeah, they have no idea, but they know that the .47 gives the impression that they're making a considered and differentiated estimate.

An old trick!

Aug 13, 08 - 11:08 am Comment from: Scott

The .47 makes it sound more like an official researched estimate. I had a conversation about it all the other day with a friend. If it's a round number, it sounds made up. They know that so they just made up a less precise number.

They also forgot to take into account the sale of the iPhone in Best Buy. So that number is low. I say 6.83 million. smile

Aug 13, 08 - 11:28 am Comment from: Mac+

100 millions iPhone 3G and iPhone nano by Dec '09.

Aug 13, 08 - 11:44 am Comment from: rounding error

that's why 20.18% of all statistics are really a cause of a rounding error . . . hmm, 20 . . . 18, boy those numbers sound familiar . . .

i think i saw them scrawled on a chair as it flew past my head on it's way to a splintered heap.

btw, has anyone linked Uncle Fester with the fire yet???

Aug 13, 08 - 11:49 am Comment from: Plunging Sales

3 Million in the first 30 days, and only 1.47 million for the rest of the quarter?

That's almost as low as the pre-launch numbers.

Aug 13, 08 - 12:10 pm Comment from: qka

HSBC is responsible for the bump.

Aug 13, 08 - 12:11 pm Comment from: G4Dualie

btw, has anyone linked Uncle Fester with the fire yet???

Nah. He had a good alibi and an explanation for the empty gas can.

Aug 13, 08 - 12:29 pm Comment from: bildad

I wonder if the reported problems with poor reception on the 3G, and the faulty chip is going to hurt Apple's iPhone sales. Seems they've stumbled a little here lately.

Aug 13, 08 - 12:35 pm Comment from: Cubert

@Plunging Sales,
So, you are basing your declaration that sales are plunging on the estimates of an analyst? Ummmm.....yeah.

Aug 13, 08 - 01:02 pm Comment from: Peter

If he's right, that'll put Apple at 6,890,000 iPhone sold so far this year, leaving Apple needing 3,110,000 for the holiday quarter.

That sounds pretty doable, considering it's a holiday quarter. My only question is whether or not the new method of selling the phone (Where you have to sign up with AT&T;when you buy it) will hurt Apple in the holiday quarter.

The advantage of the old system was you could go buy the phone, wrap it up, and give it as a gift and the recipient would then sign up with AT&T. You can't do that anymore, so that may affect the number of phones sold.

Aug 13, 08 - 01:13 pm Comment from: nomoremsbs

@ rounding error
Great joke about Uncle Fester, I'm still laughing.
@G4Dualie
I enjoyed your alibi comment also

Aug 13, 08 - 01:33 pm Comment from: ElderNorm

3-4.7 million iPhones (not counting iPods, Macs, etc) sold this year.

AGGggggggg, Apple stock will be doomed. Great performance always makes Apple stock go down. :-(

Just a thought.

en

Aug 14, 08 - 08:00 am Comment from: Gene Munster - Stock Salesman

PJ are a market maker in Apple stock. Simply that means PJ makes money when people trade Apple stock. Gene has to keep that cycle of Optimistic Prediction, Pessimistic Prediction going to keep the money flowing in

Why do you guys fall for his optimistic bait, but trash him every time the pessimistic predictions come out? At least recognise what his interest is. It's to get people continually buying and selling Apple.

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