Last week we heard plenty of rumors about Apple having cut orders for the new iPhone 5 due to lower than expected demand. Despite the rumors, the well-connected Ming-Chi Kuo of KGI Securities cites supply chain checks and says Apple shipped some 52 million iPhone units in Q4 to be up 93 percent quarter-on-quarter and up 41 percent year-to-year. The main product lines like the iPhone and iPad are expected to remain strong, specific devices within those lines may fall short of expected sales.
The shipments of the newest iPhone 5 hit more than 35 million units, while the iPhone 4S and 4 followed far behind at 9.5 million and 7.3 million, respectively. Overall, Apple is expected to have moved over 140 million smartphones in 2012, led by strong iPhone 4S shipments of some 74 million units during the first half of the year.