Tero Kuittinen writing for BGR:
Apple missed the consensus when it shipped 47.8 million iPhones during the Christmas quarter. At the end of December, Apple was still expected to sell 52 million units during the Christmas period. That disappointment combined with bad news from Apple’s contractors has not only depressed March-quarter volume expectations, but also sent June-quarter projections dropping to extreme lows.
The 26 million unit volume would mean a decline of 45% between the December and June quarters. A year ago, Apple’s iPhone volume declined from 37 million in the Christmas quarter to 26 million in the June quarter of 2012. That 30% decline was partly a result of how slight an upgrade the iPhone 4S represented compared to the iPhone 4. Now Wall Street has started anticipating zero volume growth between the June quarters of 2012 and 2013… while global smartphone shipment volume soars by more than 30%.
I’m not exactly sure why Apple is at fault for a shitty analyst’s inflated sales predictions. Especially considering the fact that 1) iPhone sales were up year-over-year at the end of 2012 and 2) comparing a holiday quarter to a non-holiday quarter is a complete non-sequitar.
Considering the iPhone is trouncing the competition’s profit numbers, I don’t understand why Tero feels the need to throw his hat in the ring with the other shitty analysts and post this obviously biased and uninformed drivel.