5 Million Apple Tablets in Year 1

Discussion in 'Apple iPad News' started by iDan, Jan 22, 2010.

  1. iDan
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    iDan Administrator Staff Member

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    Mike Abramsky with RBC Capital Markets has a new note out for investors regarding estimated sales of the new tablet device from Apple. He is predicting an average selling price of $600 and Apple will sell 5 MILLION units in the first year of sales. Lets do the math and we have an roughly $3 BILLION in sales generated from the new product.

    {source: AppleInsider.com}
  2. JohnnyApple
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    JohnnyApple Administrator Staff Member

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    I hope Apple sells that many and more. However, that is a projection based on an estimate based on a guess of a mythical product.

    That's a lot of stretching :)

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