Boy, the predictions for the success of the iPad are all over the place; but Stan Schroeder of Mashable has rounded up some interesting forecasts from Wall Street analysts and I am pleased to present them here:
We can talk about the Apple iPad as much as we want, but we all know that cold, hard sales numbers will do the real talking. When iPad lands in stores, if it doesn’t fly off the shelves, it will be further proof that Apple has made a rare stumble this time.
AppleInsider rounded up some predictions from Wall Street analysts, and boy, do they not agree. Some of them are calling the iPad “risky”; some are saying that it “has potential” and some are saying it’s “another winner”. How does that translate into numbers? Anywhere from one to five million in the first year.
Mike Abramsky from RBC Capital Markets forecasts first-year sales of five million, claiming the iPad is “a revolutionary e-reading, browsing, media, gaming experience,” but also noting that it lacks certain sought-after features, like multitasking and a camera.
Kaufman Bros’ Shaw Wu didn’t predict sales, but claims that Apple intends to build five million units in the first year, and 10 million by the end of the second year. Analyst Charlie Wolf from Needham & Company is predicting that Apple will sell four million units in the first 12 months, but Oppenheimer’s Yair Reiner and Brian Marshall from Broadpoint.AmTech are far more cautious, predicting 1.1 and 2.2 million units sold in the first year, respectively.
Apple has surprised us many times in its history, and no one can be certain just how well the iPad will sell. If it beats these estimates, though, it will cement its place in history as one of the most successful tech companies of all time.
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