CanaccordGenuity
Latest
Report: iPhone 4S sales slowing in developing market
Analyst T. Michael Walkley of Canaccord Genuity told investors in a Thursday research note that iPhone 4S sales are slowing in "certain developed markets," according to a report by AppleInsider. Some of this slowdown can be attributed to a fresh crop of dual-core and quad-core Android phones coming out soon. Walkley also notes that some customers may be waiting for the next generation iPhone to arrive. Walkley writes, "For example, our March channel checks at Verizon indicated a stronger mix of LTE smartphones, and we believe Verizon has strong June quarter promotions planned for LTE Android smartphones." Despite this projected slump, Walkley believes global sales of the iPhone will remain strong and expects Apple to announce it sold 32.6 million iPhone handsets in Q2 2012.
Analyst ups AAPL on strong projected iPad, iPhone sales
Canaccord Genuity analyst T. Michael Walkley remains bullish on Apple pointing to strong iPhone and iPad sales in June. He's so confident in Apple that he boosted his iPhone sales estimate from 75.5 million million to 77.3 million in 2011. He also predicts Apple will sell a whopping 100.2 million iPhones and 55.1 million iPads in 2012. As others have said before him, Walkley notes that Apple will continue to lead both the tablet and smartphone market. So what does these numbers mean for the average joe? More iPhones and iPads in circulation, greater incentive for developers to jump into the iOS ecosystem and extra cash for Apple to pump into research and development for the next generation iOS devices. Sounds good, doesn't it?
