Analysts have published estimates ranging from 2 to 4 million. What's your guess?
UPDATE: We have a winner. Apple announced Monday that the correct answer was "over four million," the guess of nearly 23% of our readers.
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When the iPhone 4 went on sale 16 months ago, Apple (AAPL) sold 1.7 million in the first weekend, counting pre-orders.
The analysts who have ventured a guess seem confident that by Sunday MOREPhilip Elmer-DeWitt - Oct 15, 2011 5:55 AM ET
Disappointed there was no iPhone 5, but wowed by Siri and the speed of the rollout
Below: A roundup of what the sell-side analysts told their clients after Apple's (AAPL) iPhone 4S announcement Tuesday. The tone of their notes was generally positive, which may help explain why the stock, which had fallen more than $20 during the course of the event, managed to close at $372.50, down only $2.10 (0.56%) for MOREPhilip Elmer-DeWitt - Oct 5, 2011 6:49 AM ET
Apple, by contrast, is probably clearing a gross margin of 30% or more on each iPad
The Kindle Fire that Amazon (AMZN) introduced Wednesday is not a true competitor of Apple's (AAPL) iPad, Piper Jaffray's Gene Munster declared in a note to clients posted shortly afterward. But, he quickly added, "it is more competitive than we anticipated."
On the Fire's minus side, he cites:
The Kindle Fire's 7" screen compared to the 10" MOREPhilip Elmer-DeWitt - Sep 28, 2011 1:18 PM ET
A report out of Apple's Asian supply chain may have sent the wrong signal to Wall Street
Apple (AAPL) shares fell sharply in early trading Monday following a widely reported note to clients from J.P. Morgan's Gokul Hariharan to the effect that multiple supply chain vendors in Asia have registered a 25% cut in fourth-quarter iPad 2 orders from Apple -- "the first cut ever we've seen" according to Hariharan. (Business MOREPhilip Elmer-DeWitt - Sep 26, 2011 11:30 AM ET
Piper Jaffray's estimate of 20% looks bullish by comparison. It looks crazy to us.
Gene Munster, Piper Jaffray's longtime Apple (AAPL) analyst, issued his estimates for calendar 2013 on Wednesday. The highlights:
Revenues of $164 billion (8% higher than The Street)
Earnings of $40.50 per share (10% higher)
Revenue growth slowing from 82% the June 2011 quarter to 20% in 2013.
The consensus among investors he polled was that growth would slow even more dramatically MORE
A lot of room to grow, says one. The beginning of the end, says the other.
Few analysts have championed Apple (AAPL) as long or as loyally as Piper Jaffray's Gene Munster, who stuck his neck way out ahead of the pack with his early iPhone sales predictions.
Few analysts are more deeply reviled by Apple investors than JMP Securities' Alex Gauna, who has made quite a name for himself as an MOREPhilip Elmer-DeWitt - Aug 26, 2011 5:54 AM ET
On first day of the Tim Cook era, Apple's shares actually outperformed the market
Talk about a well-executed departure.
It was only four years ago that Piper Jaffray's Gene Munster told Bloomberg News that Steve Jobs' departure would be a "disaster" that could shave 25% off Apple's (AAPL) market cap.
Fast-forward to Wednesday. Jobs submits his resignation, the market digests the news overnight, and on Thursday Apple loses 0.65% -- which on a MOREPhilip Elmer-DeWitt - Aug 25, 2011 5:18 PM ET
Finds high pent up demand for iPhone 5 among Verizon subscribers and Android owners
It's only a tiny sample, so large conclusions must not be drawn. But the survey results reported in Gene Munster's note to Piper Jaffray clients Monday suggest that the pent-up demand for Apple's (AAPL) next iPhone could be even stronger than suspected.
In a survey of 216 mobile phone users conducted one recent week in Minneapolis ( in "food MOREPhilip Elmer-DeWitt - Aug 1, 2011 8:14 AM ET
A sampling of reactions to Apple's (AAPL) profits growing 125% year over year
IDC's Al Hilwa: "Apple's growth in the third quarter was simply jaw-dropping. In 20 years of following tech I have seen very few companies in the $90 to $100 billion run-rate and none that have produced 80% organic quarterly growth. The success of the iPad truly crystallizes the point that we are living in an era of rapid MOREPhilip Elmer-DeWitt - Jul 20, 2011 5:46 AM ET
A big Q3 is a given. Just look at what the stock has done lately. But the devil is in the details
The Street has fallen back in love with Apple (AAPL). "Get ready for the return of the wow factor," J.P. Morgan's Mark Moskowitz told clients last week just before the stock put the finishing touches on a 28-day, $58.48 (18.5%) run that took it to $373.80 Monday afternoon, an MOREPhilip Elmer-DeWitt - Jul 19, 2011 7:48 AM ET
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