Is Apple About to Announce Record iPad Sales?

[Maura]

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[FONT=&quot]AppleInsider reports today that just one week away from Apple’s quarterly earnings report, analyst Brian White from Ticonderoga Securities has increased his iPad projection to 8.5 million units sold, upping his original projection of 8.22 million, as well as increasing his iPhone estimate to 17.53 million from 15.85 million. [/FONT]

“After our recent trip to Asia, we indicated that we felt our iPhone estimates for the June quarter were overly conservative, while our iPad projections were achievable and well above the Street,†White wrote in his preview note to investors today.

[FONT=&quot]White added that despite recent investor concern about the state of the economy and a possible downturn, he still thinks that Apple is the best technology company to invest in, even going as far as to say, “we believe Apple is a beacon of hope in an increasingly concerning world.â€[/FONT]

[FONT=&quot]As AppleInsider notes, should White’s estimates prove to be anything like accurate, and Apple does actually announce sales of 8.5 million iPads for this quarter, it would represent the iPad’s best three-month performance to date, beating the previous record holding quarter of 2010, when 7.3 million iPads were sold. [/FONT]

Source: AppleInsider | Apple predicted to report record 8.5M iPad sales next week