Of course, initial sales of the iPad already well exceeded both the iPhone and DVD player months ago. Apple already revealed in July that it sold 3.27 million iPads in its first three months of availability, though the company has not updated sales figures since.
But Colin McGranahan, retail analyst with Bernstein Research, put the numbers in perspective by comparing them to the iPhone, which took 74 days to sell its first million — a fact highlighted by Apple itself this year, when the iPad reached a million in just 28 days. He also mentioned the launch of the DVD player in 1997, when 350,000 units were sold.
McGranahan has arrived at the conclusion that the iPad is the fastest selling non-phone electronic product ever, and is on pace to pass game consoles and basic cell phones to become the fourth-largest consumer product category in the U.S. next year. He sees iPad sales of more than $9 billion in 2011, leaving it only smaller than the markets for TVs, smartphones and notebook computers.
The analyst sees Apple selling another 4.5 million iPads in the just-concluded fourth quarter of the company's fiscal year 2010. Apple will reveal actual sales in its quarterly earnings report, set for Monday, Oct. 18, at 5 p.m. Eastern, 2 p.m. Pacific.
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The analyst sees Apple selling another 4.5 million iPads in the just-concluded fourth quarter of the company's fiscal year 2010. Apple will reveal actual sales in its quarterly earnings report, set for Monday, Oct. 18, at 5 p.m. Eastern, 2 p.m. Pacific.
Mates July-Sep 2010 quarter is minimum 6 million iPads sold. Minimum. It could be up to 9 million if we're modelling between 2-3 million iPads a month which should be what they are producing by now. If they haven't been making at least 2 million iPads a month the past few months, something would have to be VERY VERY wrong at Apple.
Remember as well the global rollout of iPad has NOT EVEN BEGUN. Only very few selected countries carry it.
AND 1st POST W00T
Mates July-Sep 2010 quarter is minimum 6 million iPads sold. Minimum. It could be up to 9 million if we're modelling between 2-3 million iPads a month which should be what they are producing by now. If they haven't been making at least 2 million iPads a month the past few months, something would have to be VERY VERY wrong at Apple.
Remember as well the global rollout of iPad has NOT EVEN BEGUN. Only very few selected countries carry it.
AND 1st POST W00T
And imagine if we were living in a decent economy. Most countries, including the U.S., are still effectively in a recession, even if the U.S. recession was officially declared "over". Consumer confidence is still very low.
People criticise the device - it doesn't do x, y or z - it doesn't have a, b or c port/feature/plug-in.
This should be a big lesson for people that Apple understand what the CONSUMER wants, not what the tech community want. Analysts, pundits and 'experts' have done the fastest possible u-turn within a year. We've gone from 'it's an oversize iPod with no place in the market' to 'it'll sell around 30 million in the first 18 months'.
All the so-called experts need to admit that they got this one wrong, just as their predictions at the launch of the iMac, iPod and iPhone were wrong.
Some people never learn.
And imagine if we were living in a decent economy. Most countries, including the U.S., are still effectively in a recession, even if the U.S. recession was officially declared "over". Consumer confidence is still very low.
Yeah... The sentiment in the US and Europe, the core areas where the iPad has been released, is pretty grim. And yet Apple is doing so well in the US and Europe!
People criticise the device - it doesn't do x, y or z - it doesn't have a, b or c port/feature/plug-in.
This should be a big lesson for people that Apple understand what the CONSUMER wants, not what the tech community want. Analysts, pundits and 'experts' have done the fastest possible u-turn within a year. We've gone from 'it's an oversize iPod with no place in the market' to 'it'll sell around 30 million in the first 18 months'.
All the so-called experts need to admit that they got this one wrong, just as their predictions at the launch of the iMac, iPod and iPhone were wrong.
Some people never learn.
I didn't love my iPad the first week I had it.... But it is now indispensable to me. If I broke it, it would-be replaced that day. Or the next at the latest.