Apple Inc. (NASDAQ:AAPL)’s sales figures of the iPhone 5 will be eagerly awaited


The most anticipated results of the September quarter - that of Apple Inc.(NASDAQ:AAPL) - is scheduled to be announced on Thursday.

This will be the fiscal fourth quarter for Apple and the entire market will be watching out for data that made it the most valuable company in terms of market capitalization, beating Microsoft's record.

Sales of its iPhone 5 which went on store shelves on September 21 will be eagerly awaited. Though it would have got barely ten days of selling before the end of the month, considering the record number of phones which were ordered online, deliveries of which are still taking place, estimates of units shipped range from 10 to 13 million units.

Supply constraints with the iPhone 5 have been doing the rounds for some time and analysts will hope to get more clarity on this and where the bottlenecks are and how the company plans to address this.

There have been reports of Apple slowing down production to fix problems with tools scratching the phone.

The iPhone 5 is the thinnest iPhone yet, and Apple has gone to great lengths in its design, specifying very tight tolerances that complicate manufacturing.

With a slew of new launches in the current quarter, including an iPad Mini, forecasts for the December quarter should be interesting.

Analysts, on average, expect earnings of $8.91 per share on revenue of $36.27 billion.

Apple has said it expects earnings of $7.65 per share and revenue of $34 billion, but it has a tradition of issuing conservative forecasts.

In the same period a year ago, Apple earned $7.05 per share on $28.3 billion in revenue.


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