How many iPads did Apple sell last quarter?

“Talk about an expectations gap! You could drive a truckload of Android tablets through the high and low estimates of iPad sales for the quarter that ended Sept. 29,” Philip Elmer-DeWitt reports for Fortune.

“In our survey of 61 Apple (AAPL) analysts — 31 Wall Street types and 30 independents — there was no greater disparity than in their average iPad unit sales numbers,” P.E.D. reports. “The Street’s consensus put iPad sales at just under 17.6 million, while the consensus among the indies was for sales of 19.23 million, more than 9% higher.”

P.E.D. reports, “The low estimate of 14.8 million was submitted by both Gabelli & Co.’s Hendi Susanto and by Navin Arthanareeswaran of the independent Braeburn Group. Two indies submitted the same high estimate of 23 million: Braeburn’s Michael Cranston and the unaffiliated Navin Nagrani. The average estimate among all 61 analysts was 18.38 million.”

See the complete breakout of analysts’ estimates in the full article here.

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

Related article:
Apple to release Q412 earnings after market close October 25 – October 2, 2012


  1. Not very many hence why Samsung is asking the Court to have Apple show us the money! Apple Inc. is all about Spin and man can they spin it. Samsung knows as they produce chips, displays etc… Oh Oh Apple Inc. is about to get torn a new one!

    1. So you support stealing over innovation and Root for Korea and not America. Samsung is the spinner, with stolen technology. If you say Apple is all about spin, you must be a Republican, a compulsive liar like Romney.

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