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Apple (AAPL) could sell as many as 57M iPhones/year in China within a couple of years, claims...

  • Monday, January 30, 2012, 9:32 AM ET
    Apple (AAPL) could sell as many as 57M iPhones/year in China within a couple of years, claims Morgan Stanley's Katy Huberty. Huberty's forecast assumes China Telecom (CHA) and China Mobile (CHL) get their hands on the device, and see a rate of adoption similar to what China Unicom (CHU) has seen. In 2011, Apple sold roughly 89M iPhones worldwide. (previously)
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This news story has 3 comments:

  •  
    Is Katy Huberty one of the many analysts that missed with her estimate on Apple this last quarter?
    30 Jan 2012, 09:39 AM Reply Like
  •  
    the biggest fish out there left to fry is NTT DoCoMo - rich customer base (relative to global cell phone market), 800 lb gorilla in Japan, consumer market eager for the latest and greatest gadgets, and uses standard WCDMA so no need for weirdo baseband like ChinaMobile

    Japan used to be the leader in cell phones, and now they're just pumping out localized and uninspiring Android clones ... sign of the times
    30 Jan 2012, 09:48 AM Reply Like
  •  
    I think most analysts will up their 2014 iPhone sales estimates to about 100 million units shipped worldwide in the TTM time period.

    This may contribute to an eventual EPS of $25 per quarter starting in Q3 2014 (non-EBITDA).

    @ a p/e of 15 that would put AAPL @ $1500 per share by the end of 2014. Not a bad return for those who bought in 2001-2002.
    30 Jan 2012, 10:06 AM Reply Like
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