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Analyst: Apple on track to sell 18m 3G iPhones this year

by Robert Palmer Jun 10th 2008 at 4:00PM

Jenny Lai, an analyst at CLSA Emerging Markets wrote in a report that Apple could sell as many as 18 million new iPhones this year. Lai covers news surrounding Hon Hai Precision Industry, Apple's iPhone manufacturing partner in China.

"The higher expectation on the 3G iPhone reflects attractive prices and a broader distribution channel (availability [in about] 70 countries)," she wrote.

Considering the year will be more than half over when the new iPhones are available in stores, this is (in my opinion) a pretty aggressive six-month target. (I'm no financial analyst, though.) According to a Dow Jones interview, six million iPhones have been sold since their introduction last year.

Piper Jaffray analyst Gene Munster agrees, saying that 12 million units this year "now looks like a lay-up." For 2009, Munster projects Apple could sell 45 million handsets. Compare that to the popular Motorola RAZR, which has sold 50 million units since 2005.

[Via Macworld.]



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Jenny Lai, an analyst at CLSA Emerging Markets wrote in a report that Apple could sell as many as 18 million new iPhones this year. Lai...
 

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bobics

What's wrong w/ in-store activation besides convenience?

June 10 2008 at 9:17 PM Report abuse rate up rate down Reply
kevinm

Sadly most of the purchases will be from those international. In-store activation with required data and voice doesn't bod well for me. I'm sure those in the EU and elsewhere will have a much happier experience.

June 10 2008 at 7:51 PM Report abuse rate up rate down Reply
PSM

It seems feasible to me. It sounds like a lot of current iPhone owners are upgrading, and there are probably many like me who waited for 3G and 3rd party apps, and then add in the huge number who were turned off by the high price of the original... and I'm just thinking about the US. I think the other 69 countries can handle the rest of that prediction.

June 10 2008 at 5:43 PM Report abuse rate up rate down Reply
aMadeMann

Wonder if they consider the number of RAZRs some of us purchased. I went through 4 of those @#%*& phones!

June 10 2008 at 5:37 PM Report abuse rate up rate down Reply
Le Big Mac

Will they have enough time to sell that many given the in-store activation that's necessary?

June 10 2008 at 4:48 PM Report abuse rate up rate down Reply
Pismodude

I think not- the in store activation scared off all but two of the people that I know have iPhones.
And I know just about everyone that owns an iPhone, believe me.

Steve Jobs doesn't need to have a contract with AT&T for HIS 3G iPhone...

June 10 2008 at 4:09 PM Report abuse rate up rate down Reply
5 replies to Pismodude's comment
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