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Needham & Company analyst Charlie Wolf on Tuesday raised his estimates for iPad shipments in the fiscal third quarter and full year. Wolf now believes increased demand will boost*third-quarter shipments from 7.5 million to 9 million units, and he thinks Apple will ship a whopping 30 million iPad 2 tablets in fiscal 2011. “While competitors have rushed to launch competing tablets, they have made an imperceptible dent in the trajectory of iPad sales,” the analyst wrote in his note. “They have been unable to undercut the price of the iPad; and they’re fallen woefully short in matching its features, ease-of-use and the number of applications written for the device.*Indeed, the only risk in our forecast is on the supply side,
Via BRG - Boy Genius Report
Via BRG - Boy Genius Report