Analyst believes iPads outselling Macs
5/21/2010 01:18:00 PM
kenmouse
, Posted in
The iPad is such a hot commodity that, according to RBC Capital Markets analyst Mike Abramsky, U.S. sales of the slab-let have likely outpaced sales of Apple’s Mac computers. After a series of retail checks, which found most iPad retailers out of stock of the 3G model and very few Wi-Fi models left, Abramsky believes Apple is moving approximately 200,000 iPads a week versus 110,000 Macs. Abroad, where only recently customers were able to put in pre-orders, Abramsky believes Apple received orders for over 600,000 units. When all is said and done for calendar year 2010, the RBC analyst is predicting that Apple will have sold some 8,130,000 iPads. Not bad for gadget that costs, at the very least, $499. Could the iPad eat into Mac sales? Yes, to the tune of 25% according to the analyst. However, the drop in Mac sales didn’t diminish Abramsky’s price targets: $350/share with revenues of $59.7 billion for 2010. Yikes!
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