“Piper Jaffray analyst Gene Munster this morning has been trolling the retail stores on the ‘launch day’ of Apple’s iPad Air, the latest installment of its full-sized tablet computer, which was introduced to the world last week, and he offers up his findings,” Tiernan Ray reports for Barron’s.
“Munster, who has an Overweight rating on shares of Apple, and a $640 price target, writes that the lines today are ‘slightly better than our low expectations,'” Ray reports, “suggesting perhaps 2.5 million to 3.5 million of the tablet may be sold this weekend, he believes.”
Read more in the full article here.
MacDailyNews Take: iPad Air might well be a case of a product that gathers even greater momentum once it’s on the market for a bit. You really need to hold one yourself to see why your current iPads (1st-4th gen.) need to go. If you don’t want to spend the money on a new iPad, our advice is to stay away from stores or anybody who has an iPad Air. Once you see one in the aluminum and glass, it’ll suck you right in.
So, as the first wave get their iPad Air units and then their family, friends, and co-workers see them (and as Christmas approaches) – watch out!