However, the new product line will have a strong impact on the December quarter.

A few weeks ago, the company reported record sales and earnings for the December quarter.

So in the December quarter, the company deferred $1.67 billion of revenue.

The company's revenues of $2.1 billion in the December quarter were down by nearly one-third from a year earlier.

For the December quarter, "we've got a strong backlog, and people should probably think about revenue growth in the low 20's," he said.

Apple executives also predicted strong sales for the December quarter.

Apple executives said they expected no material impact from the earthquake in the December quarter.

Revenue from applications and developer tools increased 28 percent, to $2.8 billion, in the December quarter.

"The supply constraints could be good news for the December quarter."

The revenue deferred from the December quarter will be recognized this period.