Analysts iPad unit sales estimates for Q312 range from 12.7 million to 24 million

“iPad unit sales… as of Monday, July 9, I’ve seen 60 estimates — 28 from the professionals who cover Apple for banks and brokerage houses and 32 from a rapidly growing contigent of independent Apple analysts — bloggers, long-term investors and at least one day trader who has started a multimillion-dollar Apple hedge fund,” Philip Elmer-DeWitt reports for Fortune.

“Among the professionals, the estimates range from low of 12.68 million iPads from Wedbush’s Scott Sutherland to a high of 18.5 million from Cowan’s Matthew Hoffman. The average estimate from this group is 15.07 million,” P.E.D. reports. “The average among the independents is 19.92 million — 4.85 million (32%) higher than the pros and more than double the 9.25 million sold in the same quarter last year. The low estimate in this group was 17.7 million from Alexis Cabot, a American ex-pat living in Rome, and the high was the 24 million submitted by Asymco’s Horace Dediu.”

Read more in the full article here.

[Thanks to MacDailyNews Readers “Dan K.” for the heads up.]

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Another big miss by analysts looms; Apple reports Q312 earnings on July 24 – July 5, 2012
Apple to webcast Q312 earnings release conference call on July 24 – July 3, 2012
Apple’s Q212: How did the analysts do? – April 25, 2012


  1. I’m seeing 17.5 million units since this will be the first complete quarter that the iPad 3 has been available worldwide. Unfortunately due to a naming dispute in China with ProView, the numbers will be somewhat depressed but Europe and the U.S. will make up for it this quarter whereas sales in China will pick up the slack in the next quarter.

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