This Week's Sponsor:


Ensures that if a device isn’t secure it can’t access your apps.  It’s Device Trust for Okta.

Analysts Forecast 17 Million iPhones, 8 Million iPads Sold in Q3

According to the latest estimates by amateur (non-Wall Street) Apple analysts at The Mac Observer’s Finance Board as relayed by Philip Elmer-DeWitt at Fortune, Apple is on track to sell more than 8 million iPads and 17 million iPhones in the third fiscal quarter of 2011. Apple has confirmed that the Q3 2011 financial results will be announced in two weeks, on July 19, and Wall Street’s consensus already claims “the company earned $5.69 per share on sales of $24.67 billion”.

According to the Finance Board (which, among the polled members, includes Horace Dediu of Asymco), Apple will post revenue of $26.5 billion with a 69% year-over-year growth, as outlined in two different reports by Paul Leitao at Posts at Eventide.

The June quarter represents the first fiscal quarter in which Apple iPad sales are a factor in the prior-year performance. This factor alone will will have an impact on year-over-year revenue growth. iPad unit sales and the resulting revenue were not a factor in the prior-year financial performance comparisons in the December (FQ1) and March (FQ2) quarters.

In Q2 2011, Apple posted revenue of $24.67 billion, with 4.69 million iPads, 18.65 million iPhones and 3.76 million Macs sold. Overall, the company posted quarterly revenue growth of 83% and profit growth of 95%. For the third quarter, the Apple Finance Board estimates the Mac’s sales will be consistent with the platform’s recent growth, whilst as far as the iPad 2 goes, Apple’s ability to meet demand (following the alleged supply issues due to the Japan earthquake and tsunami) will play a key role in determining a growth for the device’s sales up from roughly 5 million in Q2. As for the iPhone, Leitao writes:

The average estimate of AFB members suggests the March quarter unit sales growth trend will continue in the June quarter. Last year Apple significantly reduced iPhone unit shipments in the June quarter ahead of the  release of the iPhone 4, leading to favorable conditions for year-over-year unit sales gains in the June quarter this year.

We will know more on July 19, when Apple is expected to post the official financial results for Q3 2011.

Unlock More with Club MacStories

Founded in 2015, Club MacStories has delivered exclusive content every week for over six years.

In that time, members have enjoyed nearly 400 weekly and monthly newsletters packed with more of your favorite MacStories writing as well as Club-only podcasts, eBooks, discounts on apps, icons, and services. Join today, and you’ll get everything new that we publish every week, plus access to our entire archive of back issues and downloadable perks.

The Club expanded in 2021 with Club MacStories+ and Club Premier. Club MacStories+ members enjoy even more exclusive stories, a vibrant Discord community, a rotating roster of app discounts, and more. And, with Club Premier, you get everything we offer at every Club level plus an extended, ad-free version of our podcast AppStories that is delivered early each week in high-bitrate audio.

Choose the Club plan that’s right for you:

  • Club MacStories: Weekly and monthly newsletters via email and the web that are brimming with app collections, tips, automation workflows, longform writing, a Club-only podcast, periodic giveaways, and more;
  • Club MacStories+: Everything that Club MacStories offers, plus exclusive content like Federico’s Automation Academy and John’s Macintosh Desktop Experience, a powerful web app for searching and exploring over 6 years of content and creating custom RSS feeds of Club content, an active Discord community, and a rotating collection of discounts, and more;
  • Club Premier: Everything in from our other plans and AppStories+, an extended version of our flagship podcast that’s delivered early, ad-free, and in high-bitrate audio.