Analyst: 48 million iPads to be sold this year

Analyst: 48 million iPads to be sold this year
Sterne Agee analyst Shaw Wu has come out with the most bold iPad prediction yet, 48 million units expected sold in 2012.

That number will be greatly boosted by the launch of the iPad 3 sometime in the next few months. Rumors have ranged from February to May. The iPad 3 is said to have a Retina Display with a massive resolution, a quad-core processor, LTE support and other slight aesthetic fixes.

Says Wu: "We believe this significant refresh will likely help drive higher iPad sales and help further differentiate from arguably the only real competitor in the market, Amazon?s Kindle Fire, and not to mention the myriad of Android offerings out there. We are currently modeling 48 million iPad shipments for calendar 2012."

Wu would go on to say that number is his firm's "conservative" figure. The analyst has been accurate in the tech sector over the past decade, and does a lot of work on Amazon and Apple.

Apple sold 11 million iPads last quarter, the tablet's best showing ever. Amazon's new Kindle Fire, which sells for $199 but lacks many features, sold 4 million units in the same period.

Written by: Andre Yoskowitz @ 18 Jan 2012 20:56
Apple tablets iPad
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  • hearme0

    48 million worldwide??

    'Cause 48 million in the U.S. ain't happenin'. 1 out of 6 people will surely not own an IPad in this country.

    19.1.2012 11:39 #1

  • LordRuss

    Wait a minute... 11 mill, last quarter. And that's their 'best' quarter. And Wu Wu Boo Boo is saying he's going with 'conservative' figures, right? At 'best', with full on, fanboy blue steel hardon brigade blazing, we're looking at 44 million... best case. All for a device that's going to compete with devices up to snuff & already out for the last 6 months, sans an option or two.

    Granted... It's absolutely nothing to sneeze at. But adding another 4 mill to the sales quote, grab your crotch, clear your nostrils, all while doing your best Dice Man imitation and declare 'conservative figure' into the mix... come on...

    19.1.2012 12:05 #2

  • plutonash

    I'd say maybe even more now that apple launched iBooks 2 for college students, making it cater to media consumption users, enterprise, and now school students even more. I'm surprised there's no article on that on afterdawn yet.

    "Cable thief is a victimless crime."

    19.1.2012 12:22 #3

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