Bigwig US wireless carrier Verizon's iPhone activation figures suggest that approximately 34.7 million iPhones were sold by tech giant Apple during the April-June quarter.
The estimates of Apple's iPhone sales during the recently-concluded 2013 second quarter were provided to investors on Thursday by Wells Fargo analyst Maynard Um. According to Um, an average of nearly 11 percent of Apple's total iPhone sales during the last six quarters has come from Verizon.
Taking the mentioned average for the April-June quarter, Um's estimates imply that Verizon's share of iPhone sales indicates that Apple sold nearly 35 million iPhones during the three-month period. As such, going by the figures, Apple comfortably surpassed the consensus Wall Street expectations for iPhone sales during the quarter; with the analysts having projected that the company will ship about 26.5 million iPhones.
The estimated iPhone sales during second quarter - based on Verizon's sales of the handset - were also 8.7 million units more than Um's own forecast of 26 million iPhone units sold in the June quarter.
However, though the iPhone sales during the second quarter surpassed expectations, it is apparent that the projections by market watchers were somewhat conservative, given the fact that Apple's flagship iPhone 5 is approaching one year of availability.