Piper Jaffray: Apple may sell as many as 1.5 million iPad mini units in first weekend

“Piper Jaffray’s Gene Munster this afternoon opines that Apple (AAPL) may sell 1 million to 1.5 million of its iPad mini when they go on sale at retail tomorrow, after having been introduced two weeks ago,” Tiernan Ray reports for Barron’s.

“He forecasts the more limited sales because, he writes, the first wave of minis don’t come with the cellular option; those units will be available in mid-Novembe,” Ray reports. “Munster thinks smaller tablets will become a bigger story, and thinks the iPad stands a good chance in that respect: ‘We believe that over time… consumers will gradually realize the benefits of the smaller form factor iPad, which will drive adoption, although it may not take form in lines for tomorrow’s launch.'”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

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