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Solid Mac, ‘disappointing’ iPhone sales over the holidays?

I don’t understand most analysts. The consensus opinion among pro pundits seems to be that iPhone sales for the holidays will disappoint while Mac sales will thrill.

Overall iPhone shipments in the holiday quarter could come in around 30 million units or below Wall Street expectations. I’m not sure what the Street was expecting, but 30 million units sounds like a lot of iPhones sold. (Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors.)

Meanwhile, Barclays said that it continues to believe Apple can see further gains as it extracts more profits out of the traditional computer and mobile phone industries. According to its checks, sales over Black Friday and Cyber Monday were quite solid for Apple, largely in line with their own expectations. Barclays believes Macs have momentum overseas in the Apple’s December quarter, as it expects unit growth of 22% year-over-year.

— Dennis Sellers

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