Apple (AAPL) Might Ship 38.5M iPhone Units in Q2 - Analyst

March 15, 2013 10:36 AM EDT
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Debate about Apple (Nasdaq: AAPL) continues on Friday. After being compared to Motorola early in the week, several firms cut Apple's earnings estimates on Friday. Meanwhile, analysts at ITG said they are not seeing downside in iPhone shipments.

Analysts at the firm think Apple will ship 38.5 million units, above the consensus estimate of 37 million units. Analysts said Apple likely shipped 25 million units through February 28, with 35 percent of Q2 sales expected in March.

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