MacDailyNews Take: All Apple missed was a stupid way to pad PC unit sales and market share numbers during a recession with little, no, or negative profit margins to show for it. A lot of work for nothing yielding a bunch of unsatisfied customers. Great business model. Apple was wise to eschew the “netbook frenzy.” Apple doesn’t make cheap junk.
Caulfield continues, “Investors are already betting iPad sales will exceed the other frenzy seen two years ago, when Apple sold 1.12 million iPhones during its first complete quarter of sales. In fact, in a little less than a year iPad unit sales are expected to exceed the estimated 3 million Kindles that have sold to date.”
MacDailyNews Take: So, now it’s 3 million Kindles (no source given)? Since November 19, 2007? That’s a flop. iPad will outsell that anemic number quicker than most people, including Caulfield seem to think.
Caulfield continues, “iPad sales estimates vary, but they’re all impressive. In a note to investors Tuesday Barclays Capital analyst Ben Reitzes estimated Apple will sell 5 million iPads during the 2010 calendar year. This includes 1.2 million units sold during the quarter ending in June, an estimate Reitzes says ‘could prove conservative.'”
MacDailyNews Take: Could prove conservative? Steve Jobs on a popsicle stick; try “will prove conservative!”
Full article here.
“Jesus h christ on a popsicle stick” is supposedly an expression of “extreme aggravation,” according to the Urban Dictionary. Hence, the MDN variation.
For all you “price is too high” people, prior to the actual announcement of the iPad many people were predicting a price of $800 to 1200 entry level. As I have stated before, it doesn’t matter what the current price is because certain people always try to “jew” you down.
If Steve had announced it at $1,000 the cheapo would have said “Oh that is too much but I would buy it at 500” but since the entry level is 499 now they say “Oh that is too much, but I would buy it at 250”
Keep your 500 and go buy a $300 netbook. Then regret it 3 months later.
IF the iPad sells anywhere near what the iPhone does (or even half), be aware of the potential of the Bookstore. The app store and iTunes music now are not major producers of direct profit for Apple. Sure Apple sells billions of songs and apps, but mostly for pennies.
However, consider the pricing and Apple’s take for ebooks. Each ebook could potentially add ~$3 plus to Apple’s bottom line. Some people in the industry estimate that each Kindle owner purchases from 2 to 4 ebooks on average a month. Extrapolate to Apple’s profit. Not much additional overhead. So, could add significant value to Apple stock in near future. And that is just ebooks.
Yeah, Apple is going to slay all the naysayers. Then wait for iPad2. Many will knash teeth.
“Don’t need OSX…Apple was smart to go with iPhoneOS with some iPad pieces..”
OSX is present in all of Apple’s major products. They were smart enough to see the coming specialty products and have a modular OS.
Hence, iPhone/Touch, AppleTV, iPad, MB/MBPros, iMacs, X-Serve & MacPros all run some compilation of the same OSX code. That is also what makes it easier to program. update and keep security up to date.
@john
although the bottom half will take advantage of the huge library of ipad porn we can expect to see flourish
@Wingsy
First post!