Apple is expected to report iPhone sales of 33 million to 36 million

Apple is expected to release its financial results today, and many are eagerly awaiting the figures on iPhone 5S/5C sales.

Both the iPhone 5S and iPhone 5C were released September 10. While the 5C was intended to be the price-friendly model, it launched at only $100 less than the flagship iPhone 5S model. 

For that reason, some believe Apple made a mistake by neglecting the budget phone market. In fact, The Wall Street Journal reported that Apple cut iPhone 5C orders for Q4 2013 while upping iPhone 5S orders because customers have opted to pay the extra $100 for the higher-end model.

More specifically, iPhone supplier Pegatron is to cut orders by less than 20 percent and Hon Hai is to cut orders by a third. 

iPhone 5C

Some say that Apple missing the budget phone boat was a bad thing, as certain smartphone markets like China still have to pay unsubsidized prices for smartphones and may be unwilling to pay so much for the 5C. However, others argue that this bumped up 5S sales for those who saw no point in saving only $100 when it came to iPhone purchases. 

The reported earnings today should show whether the 5C really did take a hit, and if the 5S really was a hit. 

Apple is expected to report iPhone sales of 33 million to 36 million for its fiscal fourth quarter (which ended in September). The company expects over 50 million sales in the upcoming holiday quarter.

The iPhone 5S/5C topped 9 million in sales during launch weekend. 

In addition, Apple is expected to report 15 million iPads sold in the September quarter, and revenue of $34 billion to $37 billion. 

Apple introduced the new iPad Air and iPad mini with Retina Display this month starting at $499 and $399 respectively. 

Source: Reuters

"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation

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