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How many Macs did Apple sell last quarter?

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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April 9, 2011, 11:56 AM ET

Estimates from the analysts we polled range from 3.34 million to 3.87 million



Click to enlarge. Source: Company reports, Q2 2011 consensus

Apple’s (AAPL) computer line celebrated a unusually merry Christmas in its first fiscal quarter of 2011, selling more than 4 million Macs for the first time it its history.

In what was a difficult quarter for the rest of the PC industry, Mac unit sales were up 23% year over year.

None of the 43 analysts we polled — professional or amateur — think Apple sold more than 4 million Macs in the quarter that ended two weeks ago. But as a group they expect unit sales grew even faster — nearly 24% year over year.

The high estimate of 3.865 million — submitted by both Traderhood’s Nicolae Mihalache and Apple’s Gold’s Dennis Hildebrand — represents more than 31% growth year over year.

The low estimate, 3.34 million from Pacific Crest’s Andy Hargreaves, is 13.4% more Macs than the 2.94 million Apple sold the same quarter last year.

We’ve used the average of the 43 estimates, 3.64 million units in the chart above.

Below: The Q2 2011 Mac unit sales numbers we’ve gathered so far. We’ve included each analyst’s ranking from the previous quarter’s earnings smackdown. The lower the number, the more accurate their estimate.

Further below: A chart of the breakdown between desktop and laptop unit sales over the past three years. You can see at a glance how important to Apple the MacBook line has become.

Analyst, affiliationMacs (millions of units)Date of est.Q1 rank
Nicolae Mihalache, Traderhood3.873/27/114
Dennis Hildebrand, Apple’s Gold3.873/26/118
Mark Moskowitz, J.P. Morgan3.853/25/1115
Robert Cihra, Caris3.853/25/11NA
Brian Marshall, Gleacher & Co.3.843/3/1119
Bill Shope, Goldman Sachs3.833/25/1112
Andy Zaky, Bullish Cross3.803/31/115
Turley Muller, Financial Alchemist3.773/23/112
Adam Thompson, Apple Finance Board3.753/22/11NA
Alexis Cabot, Apple Finance Board3.743/30/113
Chas McKenna, Apple Finance Board3.743/27/11NA
Matthew Hoffman, Cowen & Co.3.721/19/1123
Jeff Fosberg, Apple Finance Board3.723/27/119
Brian White, Ticonderoga3.713/28/1138
Shaw Wu, Sterne Agee3.703/30/1127
Peter Misek, Jeffries3.703/30/11NA
Steven Fox, CLSA3.703/29/11NA
Daniel Ernst, Hudson Square3.701/19/1128
Richard Gardner, Citigroup3.703/25/1118
Rajesh Ghai, Think Equity3.693/25/1139
Hendi Susanto, Gabelli & Co.3.663/25/11NA
Patrick Smellie, Apple Finance Board3.653/25/111
Charlie Wolf, Needham3.653/29/1141
Kathryn Huberty, Morgan Stanley3.653/25/1136
Daniel Tello, Deagol’s AAPL Model3.653/21/116
Robert Paul Leitao, Posts At Eventide3.633/30/117
Luke Kittell, Apple Finance Board3.603/29/11NA
Horace Dediu, Asymco3.603/27/1111
Mark Beauch, Apple Finance Board3.603/29/11NA
Ralph Schackart, William Blair3.601/19/11NA
Toni Sacconaghi, Bernstein Research3.583/2/1130
Gene Munster, Piper Jaffray3.583/25/1133
Chris Whitmore, Deutsche Bank3.524/5/1113
Tavis McCourt, Morgan Keegan3.503/25/1135
Maynard Um, UBS3.503/28/1137
T. Michael Walkley, Canaccord Genuity3.503/28/1129
Jeff Fidacaro, Susquehanna3.473/25/1131
Yair Reiner, Oppenheimer3.473/2/1110
William Power, Baird3.461/19/1134
Scott Craig, Merrill Lynch3.453/21/1116
William Fearnley, Janney Capital3.401/19/1126
Scott Sutherland, Wedbush3.383/3/11NA
Andy Hargreaves, Pacific Crest3.343/30/11NA

.



Source: Company reports

Also on Fortune.com:

  • Mac zigs while the PC market zags
  • Did Apple sell 4 million Macs in Q4?
  • How many iPads has Apple really sold?

[Follow Philip Elmer-DeWitt on Twitter @philiped]

About the Author
By Philip Elmer-DeWitt
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