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Investment bank UBS expecting good iPhone, Mac sales to be reported for Apple’s December quarter

In a note to investors — as noted by AppleInsider — investment bank UBS has raised its Apple December quarter estimates, citing better-than-expected iPhone shipments, average selling prices, and Mac sales.

USB analyst David Vogt raised his Apple revenue estimate for the first quarter of 2021 to US$106.9 billion, up from $98.9 billion. He also bumped up his earnings-per-share (EPS) estimate to $1.45, up from $1.35. Vogt is expecting:

° December iPhone unit shipments to clock in at about 78.5 million, around 5 million shipments better than his previous forecast of 73.5 million. Those shipments numbers are coupled with an higher-than-expected average selling price (ASP) because of a consumer skew toward the iPhone 12 Pro and iPhone 12 Pro Max.

° Apple to report iPhone revenue of $63.8 billion during the quarter, well above his prior prediction of $58 billion and above Wall Street consensus of about $59 billion.

° iPhone shipments totaling 215 million units in 2021. That would represent 13.5% year-over-year growth after shipments of around 190 million in 2020.

° Mac shipments to come in around 6.9 million units, up 3% sequentially. Those numbers could drive Mac revenue to around $9.5 billion, 10% higher than consensus.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.