The week on Wall Street kicked off with a mix of projections for iPhone sales. On Apple desktops, there was consensus: 2009 will be the year of the notebook.
Continuing the revised iPhone outlooks of last week, Openheimer nearly cut in half its expectations for the December quarter, projecting 4.8 million iPhone sales will be reported for the quarter, down from analyst Yair Reiner’s previous 7.5 million. Reiner also cut his forecast of yearly iPhone sales to 21.3 million from 27 million.
At the other end of the spectrum were analysts which announced bullish expectations for iPhone sales. J.P. Morgan expert Mark Moskowitz foresees 26.7 million handsets sold in 2009 while Thomas Weisel’s Doug Reid told clients he felt 24.8 million iPhones would sell next year, upping his previous projection of 22.5 million sold.
While there was little agreement on future iPhone demand, no analyst disputed that desktops sales are headed lower as laptops grow in popularity.

