Apple is going to sell 30 million iPhones in the fourth quarter of this year, says BTIG analyst Walter Piecyk in a note today.
How does he get to that number? In the most recent quarter 30% of Apple’s iPhone sales came from the U.S.
He thinks Apple will sell 10 million iPhones in the U.S. for the fourth quarter of this year. He believes Sprint gets the iPhone 5, selling 1.5 million units. AT&T will sell 5 million, and Verizon will sell 4 million, he estimates.
From there he uses this quarter’s ratio to arrive at 30 million for the fourth quarter.
Seems reasonable to us. It might even be low if Apple expands its carriers around the world.