Analyst raises Apple estimates on hot iPad, iPhone, Mac sales
TweetFollow Us on Twitter

Analyst raises Apple estimates on hot iPad, iPhone, Mac sales

Canaccord Adams technology analyst Peter Misek has raised his price target on Apple to US$300 from $250 or 20%. He's forecasting hot iPhone and Mac sales, as well as much better than anticipated iPad sales.



“Our survey and channel checks indicated widespread sell-outs [of the iPad] at Best Buy stores, however Apple stores appeared to have more stock and thus continued to have inventory. We believe that around 700K iPads were sold so far, including 500K of pre-orders,” Misek told clients in a note today. "We also took this opportunity to channel check Apple’s other product lines and, as a result, are adjusting our shipment estimates for iPads as well as iPhones and Macs.” 



The analyst has raised his iPad shipments for fiscal year 2010 and fiscal year 2011 to 3.7 million and 11.3 million from 1.2 million and 3.5 million respectively. For iPhones, he's now forecasting 35.2 million (vs. 34.9 million) and 54.9 million (vs. 52.3 million) device sales in fiscal 2010 and fiscal 201. For Macs, his estimates climb to 4.3 million (vs. 3.9 million) and 4.7 million (vs. 4.1 million) for fiscal 2010 and fiscal 2011, respectively.

 
AAPL
$97.90
Apple Inc.
+1.47
GOOG
$720.09
Alphabet Inc.
+15.85
MSFT
$51.59
Microsoft Corporation
+1.56
MacNews Search:
Community Search:
view counter

view counter
view counter
view counter
view counter
view counter
view counter

How to build a successful civilisation i...
GodFinger 2 grants you godlike powers, leaving you to raise a civilization of followers. In the spirit of games like Black & White, the GodFinger games will see you building bigger and better villages, developing more advanced technology and resources while keeping your followers happy. [Read more] | Read more »
How to get all the crabs in Mr Crab 2
Mr. Crab 2 may look like a cutesy platformer for kids, but if you're the kind of person who likes to complete a game 100%, you'll soon realise that it's a tougher than a crustacean's shell. [Read more] | Read more »
How to be a star in Britney Spears: Amer...
If you've ever wanted to be a star, baby, then you've probably already checked out Britney Spears: American Dream and are happily making your way up the charts. But fame doesn't come easy, and everyone needs a helping hand sometimes. So we've got some tips to make sure you end up getting money for nothing and your chicks for free. [Read more] | Read more »
AppSpy is hiring a part time Staff Write...
| Read more »
How to save lives in ER Surgery Simulato...
A serious earthquake has struck a nearby town in ER Surgery Simulator - Emergency Doctor, and it’s up to you to save the victims. [Read more] | Read more »
Tips and tricks to get a high score in G...
Ketchapp Games loves the endless runner genre. And its newest game, Gravity Switch, is no exception. Gravity Switch takes a fresh approach, though, as you move a block, suspended in zero gravity, safely through a maze of shifting pillars. If the block hits one of the pillars, or if you’re flung into open space, it’s game over. [Read more] | Read more »
Tips and tricks to get a high score in S...
Smash Fu is a high-paced tile-tapping game that requires quick reflexes and some practice. You’ll have to smash bricks with the skill of a seasoned black belt to get a high score. To raise the stakes a bit, you’ll also have to avoid tapping any dynamite that is thrown your way - missteps can be deadly. Fear not, though. We have a few tips in store... | Read more »
How to keep the ball rolling in Dropple
If you're new to the minimalist puzzler Dropple, you may find yourself struggling to make it beyond the first couple of steps before your ball falls into the endless abyss below. [Read more] | Read more »
Game Craft releases new Legend of War ti...
Set for release at the end of this month, real time strategy title Legend of War seems sure to delight with a veritable feast of sweet features to get stuck into. Developed by Game Craft, the game is due for release through both the App Store and Google Play on May 26th. With the utilisation of spells, weapons and a good deal of strategic thinking... | Read more »
How not to die in Traffic Rider
Traffic Rider, an Out Run-esque game in which your ride a motorcycle recklessly into trffic, might not seem particularly complicated. [Read more] | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.