360° Coverage : iPhone Sales up 28% This Quarter

iPhone Sales up 28% This Quarter

iPhone sales are booming

Sep 18 2013, 12:57pm CDT | by

iPhone Sales up 28% This Quarter
CNN

I don't think anyone will be surprised by the fact that iPhone sales were up significantly. CNN reports Morgan Stanley said iPhone sales were up 28% this quarter. Taking into consideration that when the latest statistics were released the iPhone 5C and just hit pre-order, the increase is impressive.

Morgan Stanley analyst Katie Huberty says that the data suggests Apple sold 34.5 million iPhones in fiscal Q4. That would indicate an 11% increase in sales compared to a forecast of 31 million units. Apple sold 26.9 million iPhones in the same quarter of last year.

Apple's biggest competitor Samsung is believed to have sold 45 million smartphones during the same quarter. Granted, the new iPhones had only been available for a very short time before the statistics were published and Apple buyers traditionally stay away from aging models ahead of the launch of a new model. I bet Apple is on top next quarter.

 
 
 

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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