Relax, Apple iPad sales are doing just fine

“Worries about iPad sales were beginning to pile up as Amazon launched its Kindle Fire,” Larry Dignan reports for CNET. “The biggest concern was that Apple was overdue for an iPad price cut.”

“However, some field work from Piper Jaffray analyst Gene Munster may silence those fretting about iPad sales. Munster, who estimates Apple will sell 13.5 million units in the December quarter, concluded that the company’s flagship stores were selling 68 percent more iPads per hour than a year ago,” Dignan reports. “Specifically, Apple sold 14.8 iPads per hour at its retail stores. A year ago, Apple sold 8.8 iPads per hour on Black Friday.”

Dignan reports, “Other analysts were also upbeat about Apple’s iPad sales. Wedbush Securities analyst Scott Sutherland said: ‘Apple store traffic was extremely robust with positive checks at other channels. On Black Friday and over the weekend, we surveyed five Apple Store locations. On Friday, all five stores experienced wall-to-wall traffic…'”

Read more in the full article here.

MacDailyNews Take: “Concerns” over iPad 2 unit sales are nothing more than the typical manufactured B.S. designed to create AAPL discount prices.

19 Comments

  1. And they will continue to sell like hotcakes because they’re the greatest thing since sliced bread. Consumers are salivating over them, no matter how vigorously pundits try to poison the pot.

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.