Although Apple is yet to officially announce its sales for the fiscal second quarter, one analyst already has high expectations. The quick take-away: more record iPhone sales and overwhelming demand for the iPad 2 versus the original Apple tablet. In terms of sales numbers, expect 7 million for the iPad and 17 million for the iPhone.
RBC Capital Markets’ analyst Mike Abramsky told investors Tuesday he believes Apple will have sold 2 million to 3 million iPad 2 units, higher than the Wall Street consensus. In a survey RBC conducted in March, 28 percent of the people asked said they plan to buy an iPad 2 – 40 percent higher than an earlier survey gauging the consumer intentions toward the first-generation iPad.
The numbers reflecting strong demand for the iPad 2 arrives although the new tablet was available for just one of the three months in the quarter, Abramsky notes. Because of this, the analyst hiked his iPad 2 sales projection to 31 million units, up from the previous 25 million.
Not to be outdone, the iPhone is expected to see second-quarter sales of 17 million handsets, besting holiday sales of 16.2 million.
Over all, the analyst expects Apple’s revenue to increase to $102 billion, up 57 percent compared to the 2010 second quarter.
Ed Sutherland is a veteran technology journalist who first heard of Apple when they grew on trees, Yahoo was run out of a Stanford dorm and Google was an unknown upstart. Since then, Sutherland has covered the whole technology landscape, concentrating on tracking the trends and figuring out the finances of large (and small) technology companies.
2 responses to “Apple Sales Expectations: 7M iPads, 17M iPhones”
Flaw in the picture provided with this blog, the assumed iPhone Smart Cover is unintelligently covering the volume rocker and mute keys.