Printed from http://www.electronista.com

iPhone 4, 4S still selling well alongside iPhone 5

updated 12:12 pm EST, Mon December 3, 2012

iPhone 4 sold out in many US locations

Although the iPhone 5 sales have been "very strong" at US carriers AT&T, Verizon, and Sprint, the two older iPhone models -- the iPhone 4 and 4S -- are also doing well, says Canaccord Genuity analyst Michael Walkley. The claims are based on channel checks, and moreover indicate that the iPhone 4 is actually selling out at some stores. In the US, the 4 is typically free if a person locks into a two-year carrier contract.

Walkley notes that Apple has been catching up on supplies for the iPhone 5. For the current quarter he estimates that Apple will sell 47.5 million units, which would be a 77 percent increase quarter-to-quarter. The analyst is holding to an $800 price target for Apple stock.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. climacs

    Forum Regular

    Joined: 09-06-01

    the best time to get into AAPL was a month ago when it hit nearly 500 post-election.

    But it's still a good time to get in. Remember what happened in January of this year, AAPL soared after 1Q2013 was reported.

    I have a hunch that iPhone sales will blow the roof off analyst estimates. If you read useless stock-tip sites like SeekingAlpha and MotleyFool, there's ALWAYS some article predicting that the magic has worn off Apple, too many people have iPhones and it's no longer 'cool', no more innovation since Steve died because of course Apple has launched a blockbuster, paradigm-smashing product every single year when Jobs was around, the only market that matters is the US market, Apple is DOOOOOOOOMMMMMMMED.

    (my favorite are the Apple-haters who manage to combine most of these into one black hole of an idiotic comment)

    Apple is still going strong. This time next year, AAPL @ $800. Bank on it.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News