Analyst raises iPad sales estimate for fiscal 2011 from 5.5 million to 7.2 million
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Analyst raises iPad sales estimate for fiscal 2011 from 5.5 million to 7.2 million


BMO Capital analyst Keith Bachman is predicting a 17% increase in Mac sales, a new iPhone in June and higher iPad sales than many expect.

According to "Forbes" (http://brainstormtech.blogs.fortune.cnn.com/2010/03/25/bmo-ups-its-ipad-...), he says that his initial estimate -- that Apple would sell 2.5 million units in fiscal 2010 and 5.5 million in fiscal 2011 -- was conservative. He's raised his fiscal 2011 estimate to 7.2 million — a 30.09% increase.

The iPad -- now available for pre-order -- is due to hit the stores April 3. At least the Wi-Fi only versions will; the Wi-Fi + 3G model will hit US store sleeves in late April. In addition, all models of iPad will be available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April.

The Wi-Fi iPad sells for a suggested retail price of US$499 for 16GB, $599 for 32GB, $699 for 64GB models. The Wi-Fi + 3G models will be available in late April for a suggested retail price of $629 for 16GB, $729 for 32GB and $829 for 64GB. iPad will be sold in the US through the Apple Store, Apple’s retail stores and select Apple Authorized Resellers.

 
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