iPhones In Higher Demand Than Expected
CNN Money reported this morning that demand for Apple’s iPhone has been higher than expected. According to proprietary survey data gathered by Alphawise and published by Morgan Stanley analyst Katy Huberty in a note to clients.
Various models for predicting iPhone sales predicted that Apple would sell anywhere from 28-30 million iPhones in the fourth quarter of 2011, while the Alphawise survey suggests that the number will actually be somewhere between 31 and 36 million. The same survey predicts sales of 190 million iPhones and 81 million iPads, significantly higher than predictions by Morgan Stanley (134 million iPhones and 52 million iPads) and Wall Street (127 million iPhones and 54 million iPads).
Meanwhile, the survey also found that the demand for tablets would likely increase. While only 8% of respondents to the survey owned tablets, 27% said they were planning to buy them.[Source: CNN Money]