An analyst with Credit Suisse, Bill Shope, has raised his estimates for Apple's December-quarter financial performance. Shope argues that Apple's holiday sales were "better than expected," likely to have pushed iPhones to 9.01 million units instead of 8.75; similarly, Mac estimates have been raised from 3.02 million units to 3.28. Gross margin is expected to be 35.8 percent, higher than Apple's guidance of 34 percent.