“Katy Hubert who is an analyst at Morgan Stanley, believes Apple Watch sales will reach 36 million in the year immediately after its launch,” Douglas A. McIntyre writes for 24/7 Wall St. “Should Apple Watch sales reach 40 million in the next year, it would be difficult to claim it is anything short of a major success.”
“In its most recently reported quarter, Apple management disclosed that iPad sales had fallen 23% to 12.6 million in the same period the year prior,” McIntyre writes. “Measured sequentially, quarter over previous quarter, unit sales fell 40%. While the iPad has become a second-tier product for Apple, its sales, at $5.4 billion last quarter, were 8% of Apple’s revenue. As the number continues to slip, it has to be replaced by iPhone sales or sales of the Apple Watch.”
Read more in the full article here.
MacDailyNews Take: Apple Watch is already a major success.
McIntyre’s characterization of iPad is idiocy. Wow, sequential sales declined from the holiday quarter to the first quarter. Ya don’t say?
The iPad will be just fine. It is not a “second-tier” product. It is the world’s future personal computer. Unit sales will not “continue to slip.” New iPads and Apple+IBM’s increased focus on the enterprise will reinvigorate sales. The fact is: Apple makes the iPad too damn well. They last and last and last. The replacement cycle for iPad is obviously never going to be a fast as it is for the iPhone.