17 Million iPhone Units to be Sold in 3rd Quarter

Fortune has published a graphical report of the iPhone sales since its launch back in 2007. In the second quarter ended in March, Apple sold 18.65 iPhone units that gave a revenue of $12.3 billion, which is almost half of the Apple’s total sales, more than Mac, iPod and iPad combined.

So when Apple reports its 3rd quarter earnings next week, everybody who follows the company — from its most steadfast investors to its fiercest competitors — will be paying particular attention to how many iPhones it sold.

The estimates of the 39 analysts we polled for our quarterly earnings smackdown were all over the lot, from a high of 20.25 million from Traderhood’s Nicolae Mihalache, a Romanian mathematician who teaches at the University of Paris and tends to overestimate, to 15 million from Needham’s Charlie Wolf, a veteran Apple hand who tends to come in low.

All these figures are estimates and if  16.9 million units are sold, that means an increase of 101% over the same quarter last year. The total number of iPhones sold since 2007 will come to 125 million units.

14 amateurs and 25 professionals took part in the survey. Amateurs estimated 17.8 million units on average whereas, professional predicted 16.4 million units would be sold.

Have a look at the chart below and see iPhone’s growth over the last few years.

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