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Analyst Predicts iPad Sales Will Top $1 Billion by June

Discussion in 'Apple iPad News' started by iDan, May 9, 2010.

  1. iDan
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    iDan Administrator Staff Member

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    ChannelWeb reports that Yankee Group analyst Carl Howe is predicting that the iPad will have sold approximately 1.5 million units by the end of May, meaning that, with average sales prices being approximately $645, the iPad will probably break the record for the fastest consumer product growth to the $1 billion revenue mark in history. And all this before the iPad has gone on sale anywhere else in the world. Howe goes on to say that he always predicted that the iPad would sell millions in 2010, even when the likes of Wired.com, Fortune and others were predicting that the iPad would fail. I particularly enjoyed the post on Windows 7 News & Tips, written on January 28th, 2010, that predicted that the iPad would fail because it was “nothing more than a large iPod touchâ€, and also because the price would “put everybody off.â€

    “This month, Apple will have one billion reasons why these predictions were wrong, and will have done it in record time to boot,†concludes Howe, and if he sounds a little smug, well you can’t really blame him, can you?

    By Maura Sutton, iPadForums.net
    Source: http://www.crn.com/mobile/224701025;jsessionid=FL5MDE2CYHISFQE1GHOSKHWATMY32JVN
  2. NumbLock
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    NumbLock iPad Ninja

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    That's a really safe bet I'd say with a million sold only in the US and the European launch is end of May, times the average selling price.

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