IPhone might beat December sales record as momentum continues
Apple’s (AAPL) iPhone sales likely will top Wall Street’s consensus for the next two quarters and could even match or beat last year’s record December quarter, Rosenblatt Securities analyst Brian Blair said in a research report Wednesday. “We now believe that Apple has two quarters of iPhone upside ahead relative to Street expectations,” Blair said. He predicts Apple will sell 50 million units in the June quarter and 55 million in the September quarter. “And we believe the company has a high probability of matching or beating last December’s 74 million unit number,” Blair said. “Our estimates are framed largely by global demand trends but also by our view of unit production.” Blair is modeling December-quarter sales at 75 million iPhone units. Apple’s March quarter showed that strong momentum for the iPhone continued after the holiday sales quarter. In the March quarter, iPhone sales fell only 18% sequentially to 61…