“Mac For The Masses”
Gene Munster of Piper Jaffray says that Apple’s iPad is the first “Mac for the masses,” and it will sell 21 million units next year. Munster reveals the news yesterday morning. Munster is estimating aroungd 21 million iPads for 2011 is up from his previous estimate of 14.5 million. Moreover, he is also raising his price target on the stock to $390, up from $371.
According with the sales record, the number 21 million can be low as when we compare about when Apple sold 1 million per month in the first three months when it was only in the U.S.
The street is calling for between 15 million and 25 million sold next year, according to Munster.
Munster calls it a “Mac for the masses,” because it is basically the first affordable Mac computer for people that couldn’t buy Macs in the past.