Apple's (AAPL) iPhone 3GS Sees Stronger Demand than iPhone 4
Get Alerts AAPL Hot Sheet
Price: $293.08 -0.41%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Join SI Premium – FREE
Despite two more-updated choices for Apple's (Nasdaq: AAPL) iPhone, industry sources say demand is still rather strong for the 3GS model heading through the fourth quarter, though production is ebbing.
According to Digitimes, orders for Apple's iPhone 3GS are expected to be about 2 million units in the fourth quarter, dropping to an expected range of 1.4 million to 1.6 million units in the first quarter of 2012. Digitimes cites OEM sources on the news.
With emerging markets continuing to adapt to smartphones, the numbers are good for Apple.
Additionally, AT&T (NYSE: T) has been promoting the iPhone 3GS with zero subscription rates.
CDMA versions of the iPhone 4 are expected to be better than 800,000 to 1 million units in the fourth quarter, dropping to a range of 500,000 to 600,000 in the following quarter.
Why production is lower for the iPhone 4 is anyone's guess. It might be because of inventory control efforts, or availability of devices in certain markets.
According to Digitimes, orders for Apple's iPhone 3GS are expected to be about 2 million units in the fourth quarter, dropping to an expected range of 1.4 million to 1.6 million units in the first quarter of 2012. Digitimes cites OEM sources on the news.
With emerging markets continuing to adapt to smartphones, the numbers are good for Apple.
Additionally, AT&T (NYSE: T) has been promoting the iPhone 3GS with zero subscription rates.
CDMA versions of the iPhone 4 are expected to be better than 800,000 to 1 million units in the fourth quarter, dropping to a range of 500,000 to 600,000 in the following quarter.
Why production is lower for the iPhone 4 is anyone's guess. It might be because of inventory control efforts, or availability of devices in certain markets.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple investigating exposure to Tata Electronics data breach, full analysis underway - Reuters
- Intrado extends AT&T deal to support next-gen 9-1-1 compliance
- KGI Securities Downgrades Apple (AAPL) to Hold
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
iPhone 4Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share