Apple Projected To Sell 69 Million iPads This Year

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It seems that nothing can defeat Apple. The total number of iPads sold for 2012 may approach, or possibly even top, 70 million units.

This is a projection that has come this week from leading analyst Rob Cihra with Evercore Partners.

On Monday, 16 July 2012, reports surfaced that Cihra slashed his projected PC sales for 2012. Cihra added that traditional computer sales will continue to drop and likely prove 4 percent lower for 2012 than they were in 2011. Cihra has said that ongoing PC downfall is due to consumer preference for tablets and their preoccupation with the same.

Cihra told investors:

“PCs now need to compete both directly/functionally and more so indirectly (for discretionary spend/mindshare) against ‘thin client’ architectures/ecosystems.”

In the final analysis, Cihra speculated that Apple will control at least 60% of the tablet market before the end of 2012. That is remarkable, considering the fact that so many tablets are coming soon to compete with iPad.

On the basis of Cihra’s latest estimates, Apple will sell at least 69 million iPads in the calendar year of 2012. Ahead of next week’s earnings report from the Apple, the prominent analyst also estimated that Apple sold 16.5 million iPad units in the June quarter. If accurate, that would represent a 78 percent year-over-year sales spike.

Source: Modmyi

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