“Apple is selling more than 200,000 iPads per week. Which means, according to RBC Capital Markets analyst Mike Abramsky, that sales of the company’s new device have outpaced those of the Mac in the United States [est. 110,000 Macs/week] and are closing in on those of the iPhone 3GS [Q1 2010, 246,000/week],” John Paczkowski reports for AllThingsD.
“vidently there’s quite a bit of pent-up demand for the device,” Paczkowski reports. “Retail checks in mid-May showing widespread iPad stockouts at Apple stores and Best Buy. The 3G iPad is sold out at many Apple stores and about 25 percent of them now have only selected Wi-Fi iPads available. Waiting lists are not uncommon.”
Paczkowski reports, “And so, with that in mind — not to mention a the device’s forthcoming international launch — Abramsky raised his global iPad outlook for 2010 from 5 million to 8 million.”
Full article here.
MacDailyNews Take: As we’ve been saying since analysts began estimating unit sales the day after iPad was unveiled, the anaylsts’ estimates are too low and will have to be revised upward if they want their predictions to be more accurate. Do the math, or even just use some comment sense, and it’s obvious that Abramsky’s estimate is still too low.
Go ahead and short Apple at your own peril philistines
It’s ironic but iPads work incredibly well in a Windows environment with the CITRIX app, as compared to a Mac environment.
Is that why the stock is getting hammered? Crazy how this stock is manipulated….
Nice liquid lunch breeze? If so have one on me.
AAPL’s drop this week has absolutely nothing to do with company financials. Nothing whatsoever. Sadly, when the market tide goes out, no ship is left floating in the air all by itself. All equities lose in such scenarios, and this European Socialist State collapse is going to put a big hurt on everyone worldwide.
time to buy more Apple stock
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Right now the market doesn’t care what Apple is doing, with great iPad sales, or great iPhone sales in Japan. It’s got a life of its own.
Uh, Uther P,
Yeah, the financial mess is the fault of Europe. Please. Remember, it is the robbers at Goldman Sachs and other Wall St. schmucks that caused the collapse.
@ Arnold Ziffel: Greece can’t make their loan payments. How can that be anyones fault but theirs.
@ breeze,
There’s that echo effect again.
Yeah, Goldman and Shmucks set the bait, but everyone living beyond their means on borrowed cash caused the crash. That’s the deal in Europe too.
@Arnold,
Riiiight. Keep telling yourself that it’s the evil Wall Street capitalist scum and maybe you’ll feel better.
Get a clue dude!
@ breeze,
Apparently the echo effect comes and goes.
Who knew there were so many fanboys.
@ MadMac,
Where the hell have you been for the last 12 months or so? The US housing crisis started the ball rolling world wide.
@Arnold Ziffel
Objectively, current market craziness is partially caused by uncertainty over Greece.
You sound like Jon Stewart when you keep complaining about Goldman Sachs for everything (including Greece). He makes fun of it though. If your complaint was about the 2+ year crisis, then you are partially correct. The largest culprit, I am afraid, were governments across the globe. In the US, Republicans and Democrats in Congress kept pushing Fannie/Freddie to make dubious loans to people for their own political agenda. This artificially pumped billions of dollars into the mortgage market. Then financiers saw all this money “crack” and went nuts.
Yeah, Arnold, it’s all Wall Street’s fault. All by themselves, the bastards. The oh-so-pure-and-innocent Common Man had absolutely nothing whatsoever to do with this worldwide collapse. Not the US Congress, not wanton “house flippers,” not apartment dwellers who had no business moving into houses they couldn’t afford. None of THEM.
Yep, American greed is the culprit here, and it always wears an Armani business suit, huh? (Bitter sarcasm intended.)
Try again, sir. The fault here lies not in our stars but in ourselves.
Big Al:
And it never sinks in does it?
@defenders of Wall St.,
Yup, the ‘capitalists’ on Wall St. became socialists pretty quick when it came to getting bailed out by the government.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.
I agree with moremac. Goldman Sachs directly influenced the repeal of Glass-Speagal. That caused the housing bubble, and the easy money caused world-wide excesses. Goldman Sachs convinced the US government to ignore the lessons of the Great Depression. The current US inflationist policies are also dictated by Goldman Sachs people in this administration.