“More than two weeks after the iPad 2 went on sale in the U.S., lines continue to form at Apple stores around the country as new shipments arrive, prompting one Wall Street analyst to significantly increase his forecast for 2011 shipments,” AppleInsider reports.
“Analyst Charlie Wolf with Needham & Company issued a new note to investors on Tuesday entitled ‘AAPL: Shock and Awe!’ In it, Wolf reveals he has increased his projected iPad sales for 2011 by 10 million, to a total of 30 million,” AppleInsider reports.
“Wolf has also increased his prediction for 2012 iPad sales by 10 million, totaling 40 million next year,” AppleInsider reports. “‘Attempting to forecast the growth trajectory of a new category of computers is difficult, if not perilous,’ Wolf wrote. ‘However, the launch of the iPad 2 so far exceeded our expectations that it was evident our 2011 and 2012 shipment forecasts were dramatically low.'”
Read more in the full article here.
MacDailyNews Take: For some reason, “iPad unit sales estimates are too low” sounds so familiar.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]