What should we expect to hear from Apple when it announces quarterly earnings later this month? One Wall Street observer Thursday forecasts a huge December quarter of 50 million iPhones and 24 million iPads sold. Although the company could report iPhone sales 86 percent higher than the previous quarter, an aggressive roll-out of the iPhone 5 may prompt Apple to reduce production by mid-year.
According to analyst Rob Cihra of Evercore Partners, the December quarter will reveal 86 percent growth of iPhone sales, compared to the previous three-month period. What’s more, the iPad mini will sell ten million of the 24 million Apple tablets moved during the holiday period, up 71 percent over the September quarter… Read More