Wall Street sees 13.5 million Apple iPads sold in December quarter


Analysts expectation of Q4 Apple iPad sales
Last quarter's top ranked analyst for Apple iPad sales was William Power at Baird whose estimate is 14 million iPads sold in the December period. The prior period's top analyst, Nicolae Mihalache from Traderhood expects Apple to report that 16.4 million tablets were purchased during Apple's 1st quarter.
The consensus for both Wall Street and independent analysts is 14 million units which would represent a 90% increase in sales year-over-year. Some analysts predict that the bargain priced Amazon Kindle Fireate into Apple iPad sales during the holiday quarter with Morgan Keegan calculating that Apple lost 2 million sales to the Kindle Fire at most, during the quarter. As far as an estimate for the year is concerned, Canaccord Genuity's Michael Walkley is looking for 55 million copies of the Apple iPad to be sold. That includes sales of the new Apple iPad 3 which is expected to be launched in March.
source: Fortune via AppleInsider
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