With the iPad crossing the 2 million sales threshold this week, one prominent analyst now believes Apple will sell 6.2 million devices in calendar year 2010, as many of the company's international stores have limited stock.
Two lost prototype iPhones, presumed to represent the fourth-generation handset that will be be announced by Steve Jobs at the Worldwide Developers Conference, have taken away the element of surprise for Apple, one prominent analyst believes.
Sales of the Mac are tracking stronger than Wall Street expectations, with Apple on pace to sell as many as 3.2 million computers during the June quarter, according to new data from NPD.
Checks with 50 Apple retail stores have led one prominent analyst to predict Apple sold about 300,000 iPad 3G units, including preorders, over the device's first weekend of sales.
Apple's 8.75 million iPhones sold in the March quarter combined with a better-than-expected launch of the iPad has led analysts to increase their already bullish views on the company's stock.
New data from the NPD Group implies Apple could announce sales of 2.9 million Macs and 10 million iPods when it reveals its earnings for the second quarter of fiscal 2010 Tuesday afternoon.
Less than a week ahead of Apple's quarterly earnings report, two analysts increased their price target for the company's stock — one to $299 and the other to $300.
Interests in Apple's iPhone amongst high school teenagers is on the rise, according to a new study from investment research firm Piper Jaffray, which found that nearly twice as many students are planning to buy one of the touchscreen handsets in the next 6 months compared to last year.
After Apple revealed it sold 300,000 iPads on launch day, analyst Gene Munster with Piper Jaffray revised his calendar year 2010 sales estimates to 4.3 million, though he remains confident in the iPad platform.
Aided by nearly 5 million iPad sales in the first 12 months, one prominent Wall Street analyst believes Apple stock will skyrocket to $305, while a number of others believe the iPad launch was a resounding success.
Following the iPad's first full day of sales, Wall Street analyst Gene Munster with Piper Jaffray increased his prediction to between 600,000 and 700,000 sold in the first 24 hours.
With Apple selling out of its first run of iPad preorders, one analyst has upped his estimate for debut, first-quarter, and 2010 iPad sales, predicting the company will likely sell more than 2.7 million this year.
Apple is expected to join the lucrative home entertainment market, estimated to be worth $31.8 billion in the U.S. alone, in the next two to four years by offering a $2,000 Internet- and content-connected HDTV.
New retail sales data shows Apple has continued to have strong Mac and iPod sales at the start of 2010, with February's numbers showing significant year-over-year growth.
A slow start to Mac sales in early 2009 will work to Apple's advantage, potentially making strong 2010 sales seem even more impressive with numbers reflecting huge year-over-year growth, according to a new analysis.
The latest NPD sales data shows Mac sales increased 36 percent year-over-year in the month of January, which could mean a strong 2.8 million sales for Apple in the first quarter of calendar 2010.
With Apple introducing its iPad tablet on Wednesday at entry-level pricing much lower than anticipated, one prominent research and investment firm was quick to increase its first year unit sales estimates by as much as two-fold, while predicting that 2011 will see the device break out even further.
Apple beat most Wall Street analysts' expectations Monday when it reported its most profitable quarter ever, but the impending product announcement scheduled for Wednesday is what everyone is really waiting for.
A strong holiday quarter, higher than expected Mac sales, and hype leading up to Apple's expected tablet unveiling next week are all expected to drive the company's stock to new heights, one Wall Street analyst said Monday.
In the face of new competitors like Google's Nexus One, Apple's iPhone still has the advantage with more than 100,000 applications and 3 billion downloads from its App Store.
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Neil Hughes
AppleInsider Staff
Sam Oliver
Kasper Jade
Katie Marsal
