Trending this month

Showing posts with label new ipad. Show all posts
Showing posts with label new ipad. Show all posts

March 19, 2012

March 14, 2012

New iPad sales unprecedented ,Apple projected to sell 66M in 2012

via data source

New iPad drawing record preorders, Apple projected to sell 66M in 2012: "Apple's new iPad is off to a record start before it's even been released, setting the stage for the company to sell a projected 66 million total units in 2012.

Analyst Michael Walkley with Canaccord Genuity raised his price target for Apple stock on Wednesday to $710, from $665. He said his own checks with Apple's distribution channels have indicated that the new iPad, just announced a week ago, has already broken the company's preorder records.

New orders from Apple's online store now take up to three weeks to ship in the U.S., which Walkley believes is another sign that the new iPad will achieve record sales when it goes on sale in 10 countries this Friday at 8 a.m. local time."

The analyst also believes that Apple's competitors will continue to struggle to introduce competitive products over the coming quarters. He noted that at this year's Consumer Electronics Show and Mobile World Congress conferences, most Android manufacturers "essentially conceded the high-end tablet market to Apple in the near term."

 Apple  is expected to sell 65.6 million iPads in 2012, a projection nearly 10 million units higher than his previous forecast of 55.9 million. 

March 12, 2012

1 Million New iPads to be sold on Release date,10 million in Q1,2012

Data source : Asymco and BusinessInsider

Apple has  delivered another of its routine blockbusters  with the launch of the new ipad and  the company has  acknowledged that iPad stock set aside for preorders is sold out, while noting also that customer response to the device has been "off the charts.According to USA Today "Apple has since confirmed in a statement that preorders of the new  iPad has run out.The March 7th Friday's iPad launch  was  met with a huge response and that means that Apple has  just delivered  3 hits in a row  as  reports indicate that  the company will sell at least one million on the first day alone.

Analyst Gene Munster with Piper Jaffray said in a note to investors on Monday that he expects Apple will sell more than a million iPads on Friday when the new model hits shelve . According to Wall Street  analysts  Apple is expected to  sell about 10.1 million iPads in the current March quarter.  Sales of one million in just one day would exceed that projection for the three-month period. 

"That said, even if iPad sales are less than 10 (million) in (the March quarter), we see it as a win-win given investors will attribute the miss to a slowdown ahead of the new iPad and start to anticipate a strong rebound in the June-12 quarter," Munster wrote.  Back in 2010, Apple sold more than 300,000 iPads on the first-generation product's launch day. Supply for the iPad 2 launch was very constrained

For the third-generation iPad launch, Munster drew a comparison to the iPhone 4 debut in 2010. The launch of the first iPad, Apple has sold just over 55 million iPads, while the iPhone 4 debuted in 5 countries after Apple had sold over 50 million iPhones through the March 2010 quarter. 

A month after the iPad 2 was released, Apple's then chief operating officer Tim Cook said during a quarterly conference call that "staggering" demand for the device had caused the "mother of all backlogs."