KGI Securities Ming-Chi Kuo has issued a new report forecasting how many iPhones Apple is likely to sell this quarter. According to the analyst, the Cupertino-based company will sell 71.5 million iPhones this quarter, which is an 82 percent growth quarter-over-quarter, AppleInsider reports. Also Read - Apple adds UPI, RuPay, net banking on App Store: How to add new payment methodsAlso Read - Apple co-founder Steve Jobs' job application sold for over Rs 2.5 crore
Breaking down the numbers, Kuo says that the new iPhone 6 and the iPhone 6 Plus will be leading the charge this quarter. The former will account for nearly 60 percent of the sales this quarter or 41.65 million units. The iPhone 6 Plus, on the other hand, will come a distant second largely due to supply issues and high-demand among buyers. Also Read - Apple iOS 15, iPadOS 15 beta 4 released: What’s new, how to download
To put these numbers into perspective, Apple sold 51 million iPhones in the same period last year, while last quarter it sold 39.3 million iPhones. This rise in the number of iPhone sales is because of the all-important holiday season in the US. The country will also see two of its biggest online sales Black Friday and Cyber Monday.
Not surprisingly, once the holiday fever dies, the iPhone sales numbers will go down in the next quarter. Kuo predicts that Apple will sell less than 50 million iPhones next quarter. He also believes that Apple is likely to discontinue the iPhone 5C and iPhone 4S models to further streamline its handset offerings.