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iPhone Sales Forecasted to Touch 111 M in 2012
By: Prashanth Shantharam  |  22, December 2011

Susquehanna’s Jeffrey Fidacaro forecasts iPhone sales to touch 111.4 M in fiscal 2012, with another blow-out quarter ahead where its expected to clock 30.3M units. They have revised and upped their projections by nearly 10% based on the demand for the device, with iPhone 4S fueling record smartphone sales.

In a research note to clients, Susquehanna provides a rationalization on the new projections

“The revisions are based on positive sell-through data combined with recent supply-chain checks, which suggests that earlier component constraints have largely been resolved and build plans have increased for the fourth and first quarter,” . “Demand appears solid as iPhone 4S continues to ship in one to two weeks online and stores are generally sold out for in-store reservation and pickup.”

Image Credit: crunchbase.com

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Surfmobee is a site dedicated to providing intelligence on the mobile ecosystem. We track the mobile r/evolution everyday by covering news, reviews, and analysis. We profile emerging and existing ecosystem firms and highlight their innovation and impact to this space. We also periodically publish insightful research that elucidate on the mobile universe issues, opportunities and trends
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