Either Gene Munster, senior Piper Jaffray analyst, has an insider at Apple, sees the glass as overflowing instead of half empty, or just really believes in Steve Jobs, because his predictions always tend to be on the, well, optimistic side. And that would be the understatement of the year. His latest report predicts that Apple will sell 7 million phones during Q3 09.

Well, to be fair, our reaction may just be a case of sticker shock: the 3GS has been doing incredibly well (take that, you who says we’re in a recession), and even though we had the urge to put a pinky to our mouths when we heard 7 million, Apple sold 5.2 million and 6.8 million handsets in the last quarter and Q4 08, respectively, so it would be a semi-natural increase; it’s not like he said the Palm Pre was going to sell 7 million units next quarter. However, if Apple managed to meet these numbers, they would be beating last year’s holiday sales, meaning that this year’s holiday sales should be nothing short of epic.

It then goes without saying that Munster recommends you buy Apple stock.

Via AppleInsider