iPhone Sales Forecast: 5 Million in Q4, Dim Holiday Outlook

Gene Munster, a well-known analyst from Piper Jaffray, has updated his forecast for the upcoming fiscal quarter ending next Tuesday, presenting an even more optimistic view than his previous predictions.

Originally estimating sales of 4.1 million iPhone 3Gs, Munster now believes Apple will sell 5 million units.

Additionally, he has increased his sales projections for Macs by 300,000 and for iPods by 200,000.

Should these predictions hold true, Apple will have sold a total of 7.4 million iPhones this year, aligning well with their goal of 10 million units sold within the 2008 calendar year.

Conversely, Morgan Stanley has reduced price targets for nine hardware companies, including Apple, citing concerns over a “fragile consumer,” decreased spending, and the impact of a stronger dollar on international sales.

This adjustment follows a dip in Mac sales growth during August, which, while still representing a 23 percent increase over August 2007, marked a significant slowdown from the 43 percent year-over-year increase seen in July 2008.

[Sources: Fortune, Silicon Alley Insider, and 24/7 Wall St.]

Thanks, Robert!




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