UBS Research analysts are predicting that recent price cuts will push Apple (AAPL) iPhone sales to a total of around 3 million by end of 2007. They expect 950,000 phones sold during the third quarter of 2007 (ends September 30, 2007) and 2 million in the fourth quarter of 2007. Their previous forecast was 850,000 (3Q) and 1.5 million (4Q 2007) respectively.
This should help AT&T (T) a lot. UBS estimates that AT&T will add about 3.8 million new subscribers in the third and fourth quarter of 2007, and they estimate that “roughly 45% of the iPhone additions will be new subscribers for the company.”