Can Apple sell 10 Million iPhones this year?

Bernstein Research analyst Toni Sacconaghi published a transcript from Apple investor meeting, about the unlocked iPhones and how to deal with this issue.

It seems that Apple is faced with 2 issues: falling demand for the iPhone and loss from unlocked iPhone sales.

Toni Sacconaghi said that iPhone will make 6% of Apples revenues in 2008, and as much as 25% by 2012.

He also reports that December sales were over 180,000 units per week, which would accumulate to 10 million at the end of the year. However European sales of the phone weren’t as promising. He is projecting 1.45 million units sold by March, 6.9 million for the September 2008 fiscal year and 7.9 million for calendar 2008.



However he is still optimistic that Apple might yet just do it with the introduction of the 3G model.

He notes that, if Apple sold 10 million iPhones this year but 30% were unlocked. The company would be losing out on $1.1 billion-$1.3 billion of revenue.

Thanks: SilliconValleyInsider