iPad Sales Top 25 Million
There was so much going on at Apple’s WWDC keynote presentation yesterday that the small matter of a massive announcement from Apple regarding the iPad reaching a major sales milestone kind of got lost in the shuffle. AppleInsider has a report today though that picks up on the news that was released by Apple yesterday, to wit, that iPad sales have now smashed the 25 million sales milestone in a mere 14 months. Several analysts have also seized on the figures this morning, with many making new forecasts for Apple’s expected sales in the current quarter.
Piper Jaffray analyst Gene Munster, for example, says that based on these figures, Apple is selling approximately 87,000 iPads per day in the June quarter, and he therefore expects Apple to sell approximately 8 million iPads in the June quarter, 1 million higher than the 7 million he had previously stated. Chris Whitmore, with Deutsche Bank, seemed to echo this, saying that Wall Street investors have been expecting Apple to sell around 7.5 million iPads in the June quarter, so anything higher than 8 million would certainly exceed expectations. Of all the analysts featured by AppleInsider, only Mark Moskowitz of J.P. Morgan Research was slightly more muted in tone, saying that it was still possible that Apple could fall short of the “bullish investor expectations” of 7.5 million units.
Source: AppleInsider | iPad sales reach 25M milestone, Apple on track for 8M+ this quarter