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Pros vs. Amateurs – Analysts Predict the Number of iPhones Apple Sold in Fiscal Q4 2013

Pros vs. Amateurs – Analysts Predict the Number of iPhones Apple Sold in Fiscal Q4 2013

The iPhone is Apple’s most important product, it not only brings in the majority of Apple’s revenue, (51.4% in the third-quarter), it is also the hub the rest of Apple’s product line revolves around.

Pro estimates in green. Amateurs in blue.
Pro estimates in blue, Amateurs in green.

Fortune:

Apple surprised Wall Street in the June quarter. The Street was expecting less than 5% unit sales growth year over year. Apple delivered 20%, despite all the chatter about the high end smartphone market approaching saturation.

Apple may have a harder time surprising Wall Street this time.

Apple spoke to 44 analysts – 23 pros and 21 amateurs – and the average estimate for phone sales in Q4 2013 is sales of 33.4 million. The pros averaged an estimate of 32.7 million, while the amateurs were more optimistic with a 34.2 million sales prediction.

That would be up 24% from the same quarter last year.

“The high estimate of 38 million, representing 41% growth year over year, was submitted by Mani Ghasemlou, a newcomer at the independent Braeburn Group. The low estimate of 29 million (7% growth) came from Barclay’s Ben Reitzes.”

We’ll be sure to check back in after today’s earnings call to see who hit it on the head, and who shouldn’t even be swinging a hammer…

Pros vs. Amateurs – Who ya got?

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