Apple 2.0

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How many iPhones did Apple sell? (Q2 2010)

April 13, 2010: 8:04 AM ET

A preview of what analysts expect from next week's earnings report

Click to enlarge. Source: Company reports

The iPad may have dominated the Apple's (AAPL) headlines for the past three months, but it's likely that it contributed not a penny to the company's bottom line in its second fiscal quarter of 2010, which ended on Saturday, March 27.

We won't learn the actual results until they are released on April 20, but most analysts who follow the stock have already made educated guesses about how the quarter went, starting with Apple's fastest-growing product line: the iPhone.

We've gathered some of those estimates below, and will add to the list as more come in. They range from a high of 7.85 million iPhones from Financial Alchemist's Turley Muller -- an independent with an unusually strong track record -- to a low of 6 million from Citigroup's Richard Gardner.

Even at the low end, that would represent a 58% year-over-year increase from Q2 2009. If Muller is right, iPhone unit sales increased 107% year over year.

Below the fold: The estimates.

Analyst, affiliation iPhones (millions) Date of est.
Turley Muller, Financial Alchemist 7.85 4/12/10
Daniel Tello, Deagol's AAPL Model 7.50 4/12/10
Peter Misek, Canaccord Adams 7.50 4/9/10
Mike Abramsky, RBC Capital 7.50 4/16/10
Gene Munster, Piper Jaffray 7.50 4/8/10
Maynard Um, UBS 7.50 4/7/10
Alexis Cabot, Apple Finance Board 7.50 4/12/10
Ashok Kumar, Rodman & Renshaw 7.50 4/13/10
Robert Paul Leitao, Apple Finance Board 7.45 4/12/10
Bill Shope, Credit Suisse 7.41 4/8/10
Mark Moskowitz, J.P. Morgan 7.35 4/12/10
Toni Sacconaghi, Bernstein Research 7.30 4/14/10
Chris Whitmore, Deutsche Bank 7.30 4/5/10
Jeff Fidacaro, Susquehanna Financial 7.20 4/5/10
Ben Reitzes, Barclay's Capital 7.20 4/13/10
Yair Reiner, Oppenheimer 7.00 4/5/10
Kathryn Huberty, Morgan Stanley 7.00 4/12/10
Patrick Smellie, Apple Finance Board 7.00 4/12/10
Doug Reid, Thomas Weisel 6.91 4/12/10
Keith Bachman, BMO Capital 6.90 3/25/10
Tavis McCourt, Morgan Keegan 6.80 4/5/10
Scott Craig, Merrill Lynch 6.74 3/5/10
Shaw Wu, Kauffman Bros. 6.50 4/9/10
Brian Marshall, Broadpoint AmTech 6.20 4/11/10
Richard Gardner, Citigroup 6.00 4/12/10

. . . . .

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[Follow Philip Elmer-DeWitt on Twitter @philiped]

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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