Analyst sees Apple selling 40 million iPad minis in first year

Analyst sees Apple selling 40 million iPad minis in first year
Concept drawing of iPad mini

Concept drawing of iPad mini

The evidence seems to support the idea that Apple is about to step into the battle for control of the 7 inch tablet market with a tablet that could be called the iPad mini. Already, the Amazon Kindle Fire and the Google Nexus 7 have been engaged in battle with the latter having the advantage of running the latest Android  OS build. But according to RBC Capital analyst Amit Daryanani, a 7 inch version of the iPad could blow away the competition. In a research note sent out to his clients on Thursday, Daryanani says that Apple could sell 40 million units of the smaller version of its tablet, in just the first 12 months. For Apple, that would mean an additional $10 billion in revenue and another $1.15 a share in earnings.

The latest speculation calls for Apple to hold an event on September 12th at which time the Cupertino based firm will not only show off the 6th generation of the Apple iPhone, but will also introduce the iPad mini. Like many other Wall Street researchers, the analyst says that his checks of Apple's supply chain show that the September 12th event will be about more than just the new iteration of Apple's iconic smartphone, but he is not sure if the other device to be introduced will be a smaller version of the iPad or just a "refresh" version of the current model.

source: Forbes

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85 Comments

1. nnaatthhaannx2

Posts: 820; Member since: Oct 19, 2011

The only place where apple has the upper hand over google's tab is in Apps. Everything thing else... no. Nexus 7 will be better than the iPad mini in all other catagories.

2. parvsingh05

Posts: 100; Member since: Jan 11, 2012

begining of bad days for all 7 inches tab is near. if this thing is there in real.

26. MeoCao unregistered

iPad mini cannot compete with N7, instead it will cannibalize 10" iPad sales.

29. kunyuk

Posts: 56; Member since: Jun 29, 2012

Yes indeed

30. darac

Posts: 2156; Member since: Oct 17, 2011

Yeah, it definitely won't be as simple as the article puts it - just add ten more billions revenue for apple. IPad mini has a chance to become a next big thing, picking up all the buzz and gravity for the tech snobs. I can definitely see it taking a big chunk out of iPad' sales.

56. parvsingh05

Posts: 100; Member since: Jan 11, 2012

see i dont really think because it will not have all those features of 10" ipad. N7 is a great tablet. but the truth is that people trust apple ( blindly) its going to be dificult for asus's N7 to compete with it. but there is another huge fan following of samsung, it would have been intresting if samsung had made this Nexus 7.

75. andro.

Posts: 1999; Member since: Sep 16, 2011

Agreed it will cannibalise the larger ipad sales but also its pretty much guaranteed that 30-40% percent of those 40 million ipad mini sales are gonna be bought by ifans who already have bought the current ipad and/or ipod touch.

3. Ohrules

Posts: 327; Member since: Jun 11, 2012

and a VERY loyal fanbase

4. TheLibertine

Posts: 484; Member since: Jan 15, 2012

It will. Superior screen, better ecosystem, superior battery life, innovative display technology, premium materials and build quality and at least twice the graphics power of the Nexus 7 (A5 allready has). And apps are one of the most important things. That's basically what you can do with your tablet.

6. Jay_F

Posts: 236; Member since: Nov 29, 2011

"Nexus 7 will be better than the iPad mini in all other catagories" LOL not a chance. The post above me pretty much nailed it. I just wouldn't say "innovative" display, but it will definitely have the far superior display.

8. kemjus

Posts: 32; Member since: Oct 05, 2011

You really cannot say who is better... I have both the ipad 3 and Transformer prime. Both awesome devices and both superior in certain aspects. ipad is superior and smart because they target what most people do on the tablet... simple feature apps and games. Their app store is way larger and screen is gorgeous. On the flip side Android has no limitations, it runs everything decent while on the ipad it either runs awesome or doesn't run at all. My ipad works with hardly any of my automated home systems or server applications while android works with all flawlessly. Android is more for the tech crowd (linux) and ios is more for the average user.

83. zhypher_23

Posts: 195; Member since: Jun 04, 2012

Exactly +1 man :))

12. Berzerk000

Posts: 4275; Member since: Jun 26, 2011

How can you say that when it's not even released yet? Hardly any specs have been rumored, much less confirmed.

17. TheLibertine

Posts: 484; Member since: Jan 15, 2012

You're right. I'm using the rumors as basis: 7.85 inch screen, 1024x756 resolution and very thin.

19. Zero0

Posts: 592; Member since: Jul 05, 2012

So a 4:3 aspect ratio is superior then? Seeing as it's only an 8 inch screen, those black bars around videos will make a pretty sizable impact.

24. Berzerk000

Posts: 4275; Member since: Jun 26, 2011

How does that have a superior screen than the Nexus then? Bigger size, the same basic resolution (720p) and most likely same screen technology (IPS LCD). As for your battery life assumption, we don't know the size of the battery, or how it will fair since it will most likely have LTE, and a last-gen processor.

14. protozeloz

Posts: 5396; Member since: Sep 16, 2010

how do you know about this? are there iOS apps optimized for 7" to begin with? there are already Apps optimized for 7" tablets as android has 2 years on this size. I see so many flaws on your argument

16. TheLibertine

Posts: 484; Member since: Jan 15, 2012

There are about 1000 apps officially optimised for tablets in Android. Congratulations... There are reasons besides hardware why the iPad is around 65 percent of the market share, while Google's Android is 23 and falling. While the iPad mini offers 66% of the space of a 9.7 model and it supports the same resolution. So there is no need for further optimisation.

22. protozeloz

Posts: 5396; Member since: Sep 16, 2010

where is the source to back your 100 apps statement? if that was as simple as you claim.. yet why Jobs said 7" would have issued with the apps? you sure you know what you are talking about? 65%? last time I checked is was 50% and we have yet to see what happens with the overwhelming nexus sales, and positive reviews, a device that in many aspects is much better than the fire

33. gallitoking

Posts: 4721; Member since: May 17, 2011

can you tell me where you get 50% ? show your source. since you recently checked

36. gallitoking

Posts: 4721; Member since: May 17, 2011

38. protozeloz

Posts: 5396; Member since: Sep 16, 2010

yeah because Jan 2012 is July 2012 thanks for showing me old stats

37. protozeloz

Posts: 5396; Member since: Sep 16, 2010

41. gallitoking

Posts: 4721; Member since: May 17, 2011

the second link is from June 15 2012.. gave you both so you can see how is been growing.. your link was about 5.000 people interview.. but fine google it and you will find more links that make my market share at about 60%

42. protozeloz

Posts: 5396; Member since: Sep 16, 2010

second link was a prediction READ "iPad *forecasted* (gasp!) to snatch market share from Android tablets this year" that means the number is not real but someone thinks is possible, so I dint even though it was worth mentioning it. so you are saying that my post with a survey (yes number is low, but you don't seem to care if the number favors the Apple) so we have you fighting a survey with old numbers and a prediction? sorry not worth my time

44. gallitoking

Posts: 4721; Member since: May 17, 2011

well your post doesnt exactly prove anything either.. a small survey.. ohh yes.. i told you to google it for more accuracy.. but of course not worth your time since you will be prove wrong..

46. protozeloz

Posts: 5396; Member since: Sep 16, 2010

I can be proven wrong any time, (I'm a human after all) but its not my job to prove myself wrong... is yours

85. gallitoking

Posts: 4721; Member since: May 17, 2011

68% reported by PA.. gallito 1 protozeloz 0

86. protozeloz

Posts: 5396; Member since: Sep 16, 2010

actually more like Gallito 1 protozeloz 23465 but hey I cant get them right all the time can I?

49. protozeloz

Posts: 5396; Member since: Sep 16, 2010

but hey It was fun while it lasted

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