“Apple fans have breathlessly awaited Apple’s entry into the tablet computer market. Since the company unveiled the iPad in late January, investors have jumped on the bandwagon, too, running up Apple’s stock more than 10 percent,” Stone reports. “Part of that rise can be attributed to the steady rise in sales of the iPhone and the company’s Mac computers. But much of it clearly has to do with tablet fever. On the day this month when Apple made the completely unsurprising announcement that the iPad would go on sale on April 3, the stock jumped nearly 4 percent.”
“Expectations are clearly high. Now the iPad has to meet them,” Stone reports. “Apple has given no public indication of what kinds of sales it expects, or what may constitute success. But at the iPad introduction in January, Steven P. Jobs, Apple’s chief executive, implicitly set a lofty standard. He said the iPad would offer an experience that was superior to that of netbooks, a rapidly growing category of inexpensive and lightweight laptops that accounted for $11 billion in global sales last year.”
Stone reports, “But analysts and investors are searching for their own ways to judge the iPad over the short and long term. Their projections vary, but many Apple analysts seem to think the company will sell around a million iPads by the end of its quarter in June, and around 5 million by the end of 2010.”
Full article here.
MacDailyNews Take: Both figures are too low. Apple will sell more than 1 million iPad units by the end of this quarter and more than 5 million units in 2010.
[Thanks to MacDailyNews Reader “John P.” for the heads up.]
@MDN
t-bone has a point. Every time you post a story about projected iPad sales your generic comment of “these projections are too low” is getting old. We know it’s safer to not make a guess, but you obviously have some number in mind. It was noticeable that you didn’t make a comment on Morgan Stanley’s projection of 8-10 million ipads.
http://macdailynews.com/index.php/weblog/comments/24558/
Does that mean you think their projections are too high?
Come on, give us your guess.
I think Apple will sell right around 10 million iPads by 2011.
The iPad has the potential to be a homerun!
http://iPadLot.com
Anyone who questions how great the iPad will be should take 20 minutes and watch the guided tours Apple posted today. As Steve Jobs said it is “magical”. and you must remember this is just out of the box… without the thousands of apps that will be available. Im sure there are some computer geniuses and nerds that will think its too commercial or cute… but thats 1% or 2%… Im confident the rest of us will find it amazing! I think this is going to revolutionize computers for both home and business. 10 million by the end of the year will be no problem… if they can produce them.
Anyone wanna place bets bet on what the Best Selling, most Gifted and #1selling Christmas gift item this year will be ?
Sure is gonna be one hard lump to swallow, for Amazon to list it as #1 on it’s 10 best selling items list after it knocks Kindle out of the ballpark – ouch…..
I watched all of the iPad videos posted today.
The kids are going to go wild over this device, finger flashing, and creating content, presentations, and videos…following their music tastes, emailing…and maybe even reading.
I was already sold. Retired, I spend 5+ hours a day on email, facebook, reading websites, newspapers, magazines, and correspondence with friends, relatives, and my community service projects. The iPad will do it all for me, better than my MacBook Pro, more comfortable, and easier on my AGEING EYES. A no-brainer. $500 is cheap for something that gives me so much pleasure, makes things easier, and makes me more productive.
I’d love to see Ballmers take on the iPad!
Can Apple’s iPad live up to the hype?
Only a certified moron, or a very jaded writer, could ask such a stupid question.
@Dallasm:
It replaces books. In particular, kids and study books.
That is huge.
The iPad will effectively kill the Kindle and the Nook. I expect we’ll see 3 million sold worldwide by the end of AAPL’s Q3 and 10 million for calendar 2010
Unless the ipads are all accidently shipped without batteries I am goig to say it’s going to be an insanly huge success!
I want to know how long till osx is hacked onto it