Apple Sales Rise 17% in November, Best Sales Month in Company History

A new report reveals that November 2011 was the best month Apple has had in terms of sales in its entire history.

According to Ticonderoga Securities Brian White, sales for Apple in the month of November increased 17 percent over October 2011, as reported by Apple Insider.

White came up with this percentage after consulting with Taiwanese component manufacturers because he believes there is a direct relationship between component makers and Apple sales. White currently has a ‘buy' rating on Apple's stock.

"We estimate preliminary November sales for the Apple Barometer rose by approximately 17% M/M, well above the average uptick of 2% M/M over the past six years and on track for the best November ever," said White in his report.

"This surge in November sales for the Apple Barometer follows weakness in October sales that were well below historical averages as a result of an inventory work down of iPad 2 inventories, in our view," he added.

Apple certainly has hit the jackpot in November with over the top Black Friday and Cyber Monday sales.

Apple big wigs have already predicted the company will make and break new sales records in the December quarter.