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AAPL Stock: 102.43 ( + 0.3 )

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iPad sales to slow going into Sept. quarter, analyst claims

updated 04:35 pm EDT, Tue June 1, 2010

Could pick up pace in run-up to Christmas

Even though Apple has already surpassed 2 million iPads, sales should slow somewhat in the next quarter, says Needham & Co. analyst Charlie Wolf. For the present June quarter, Wolf is raising his shipping estimate from 1.5 to 2.5 million units. For the September quarter, however, Wolf is only upgrading his forecast from a million to 1.5 million tablets.

The reasons for the predicted slowdown are unspecified, but could simply involve flattening interest after rushes in April and May. Apple also continues to have supply issues around the world, with no sign of abatement; stores in the US and several other countries are reporting stock sellouts. Conversely, a second wave of iPad launches is scheduled for July, which could inflate sales more substantially than anticipated.

Because of the iPad, Wolf has raised his FY2010 EPS estimate from $12.85 to $13. Regarding other Apple products, concern is raised over the iPhone, which may sell less than the 7.5 million currently forecast by Needham for the June quarter. The crucial factor is whether the next iPhone will ship before or after the start of the next quarter; if it does arrive before, sales could easily beat 7.5 million, says Wolf.






by MacNN Staff

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  1. ilovestevejobs

    Joined: Dec 1969

    -19

    I'm sure it will dwindle...

    to zero once the hype dies down and buyers remorse settles in.

    "Why did I buy this again? To check emails and browse static, non-interactive websites was it? Gosh, that was a pricey worthless product that my laptop and desktop could do just as well"

  1. Wingsy

    Joined: Dec 1969

    +8

    My Source Says...

    And my source, a 9-year old girl from Bangladesh, says that sales will continue to escalate throughout the entire year. She's been right as often as these paid "analysts".

    Believe whomever you like.

  1. Eldernorm

    Joined: Dec 1969

    +5

    @ilovestevejobs -- aka troll :-)

    "Gosh, that was a pricey worthless product that my laptop and desktop could do just as well"

    --- So you spend all your money on junk that you hate very shortly after you get it...... then go out and do it again..??????

    Hate Apple.... why do you keep buying it????

    And so we should listen to anything you say,,,,, because,,,,,,,,??????????

    Just a thought there,
    en

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