Quarterly sales to be announced next week

Karen Haslam
17 April, 2012
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With Apple set to announce its second quarter 2012 earnings next week on Tuesday 24 April, various analysts are making predictions about the kind of quarter Apple has enjoyed, making estimations on the number of iPads and iPhones sold in the quarter that closed at the end of March. The latest bet is that Apple is likely to have sold 33 million iPhones and 12 million iPads during its second quarter of fiscal 2012.

The latest analyst to add his predictions to the mix is Piper Jaffray analyst Gene Munster who has written to investors with the prediction that Apple is likely to have sold 33 million iPhones during the first quarter.

In its 2011 second quarter Apple sold 18.65 million iPhones, so this is a significant increase, although it is still behind the 37 million iPhones Apple sold during the first quarter 2012, which ended on 31 December.

Munster has also predicted that Apple will have sold 12 million iPads worldwide during the second quarter of 2012. Apple sold 15,434 million iPads in the first quarter of 2012. The company sold 4.694 million iPads during the first quarter of 2011.

By comparison, J.P. Morgan expects that Apple’s iPhone sales will hit 31.1 million units during the second quarter, while iPad sales will reach 13.8 million units.

Looking ahead to the second quarter ending in March, during the Q1 conference call, Oppenheimer told analysts to expect US$32.5 billion in revenue and earnings per share of US$8.50. That compares to revenue of US$24.67 billion and earnings of US$6.40 a share in the 2011 second quarter.


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