Apple fretting over iPad sales
- Thread starter Max Webster
- Start date
gettin' ready to short the company?
lol. Demand forecasting for the new ipad is only 55 Million units. While, Forrester Research predicts that by 2016, 112.5 million U.S. consumers — or one-third of the U.S. adult population — will own a tablet. So, I would say the ipad's sales forecast is where it should be, and thus, why they were better able to keep items in stock.
We're definitely not talking about a playbook here.
lol. Demand forecasting for the new ipad is only 55 Million units. While, Forrester Research predicts that by 2016, 112.5 million U.S. consumers — or one-third of the U.S. adult population — will own a tablet. So, I would say the ipad's sales forecast is where it should be, and thus, why they were better able to keep items in stock.
We're definitely not talking about a playbook here.
Could be but I don't' think so, I do think that penetration rates are high (many people already have an iPad) and that Cook has figured out the supply chain (thus the ample supply and no shortages)....
OTB
OTB
JP Morgan appears optimistic:
JP Morgan significantly increases March quarter iPhone, iPad estimates
By Josh Ong
Published: 02:30 AM EST (11:30 PM PST)
Investment bank J.P. Morgan has made "significant increases" to both its iPhone and iPad projections for the first quarter of calendar 2012 after research indicated "major upside potential" to Apple's sales numbers.
Analyst Mark Moskowitz raised his December 2012 price target for Apple from $625 to $715 in a note to investors obtained by AppleInsider on Tuesday. The firm also raised its unit shipment estimates for the company on "better than expected unit sales activity of the iPhone and iPad."
"We are not trying to inflate expectations ahead of the [March quarter] print. Our intent is to communicate the incremental delta in our new and old estimates as identified by our recent research," he said.
J.P. Morgan had previously expected iPhone shipments to reach 28.1 million in the first quarter of 2012 (Apple's fiscal second quarter), but the company now believes that shipments will reach 31.1 million units. iPhone shipments for the year are now forecast at 138.2 million, up from 128.7 million. Moskowitz believes investors are expecting between 29 and 31 million units.
The analyst believes Apple's 2012 iPhone revamp will arrive in the second half of 2012 and include a "thinner body and LTE capability."
As for the iPad, the firm now estimates shipments of 13.8 million in the March quarter, compared to a prior projection of 10.1 million units. 2012 shipments of iPads are believed to rise to 69.6 million, up from a previous forecast of 59.8 million.
Moskowitz also wrote that he expects Apple to "refresh its MacBook portfolio, including the Air, in the next three months." The firm believes the company needs to improve its portables' specifications and features while introducing lower price points in order to stay ahead of price reductions from the "Ultrabook crowd."
"Plus, we think that Apple needs to sustain its competitive edge on the technology front. Otherwise, it is our view that investors could worry that future Apple product refreshes (i.e., iPhone or iPad) could lose customer appeal," he wrote.
Finally, the analyst pointed to enterprise PCs as "long-term catalyst" for Apple. He expects the "eventual introduction" of Microsoft Office to crack open the enterprise market to Apple's tablet. Enterprise PCs represent 40 percent of global PC units, but enterprise tablets stand at an estimated 10 percent of global tablet units. As such, Moskowitz sees plenty of room for growth as companies take to the iPad.
JP Morgan significantly increases March quarter iPhone, iPad estimates
By Josh Ong
Published: 02:30 AM EST (11:30 PM PST)
Investment bank J.P. Morgan has made "significant increases" to both its iPhone and iPad projections for the first quarter of calendar 2012 after research indicated "major upside potential" to Apple's sales numbers.
Analyst Mark Moskowitz raised his December 2012 price target for Apple from $625 to $715 in a note to investors obtained by AppleInsider on Tuesday. The firm also raised its unit shipment estimates for the company on "better than expected unit sales activity of the iPhone and iPad."
"We are not trying to inflate expectations ahead of the [March quarter] print. Our intent is to communicate the incremental delta in our new and old estimates as identified by our recent research," he said.
J.P. Morgan had previously expected iPhone shipments to reach 28.1 million in the first quarter of 2012 (Apple's fiscal second quarter), but the company now believes that shipments will reach 31.1 million units. iPhone shipments for the year are now forecast at 138.2 million, up from 128.7 million. Moskowitz believes investors are expecting between 29 and 31 million units.
The analyst believes Apple's 2012 iPhone revamp will arrive in the second half of 2012 and include a "thinner body and LTE capability."
As for the iPad, the firm now estimates shipments of 13.8 million in the March quarter, compared to a prior projection of 10.1 million units. 2012 shipments of iPads are believed to rise to 69.6 million, up from a previous forecast of 59.8 million.
Moskowitz also wrote that he expects Apple to "refresh its MacBook portfolio, including the Air, in the next three months." The firm believes the company needs to improve its portables' specifications and features while introducing lower price points in order to stay ahead of price reductions from the "Ultrabook crowd."
"Plus, we think that Apple needs to sustain its competitive edge on the technology front. Otherwise, it is our view that investors could worry that future Apple product refreshes (i.e., iPhone or iPad) could lose customer appeal," he wrote.
Finally, the analyst pointed to enterprise PCs as "long-term catalyst" for Apple. He expects the "eventual introduction" of Microsoft Office to crack open the enterprise market to Apple's tablet. Enterprise PCs represent 40 percent of global PC units, but enterprise tablets stand at an estimated 10 percent of global tablet units. As such, Moskowitz sees plenty of room for growth as companies take to the iPad.
First off, I think that iPad sales are going to slow down from this point on. They'll still be strong but the rate of growth will slow.
As for stock price targets? Hrmm...I get antsy when I hear analysts and the public piling on with ever-increasing numbers. It just seems that that is a sign for a correction in the near future.
As for stock price targets? Hrmm...I get antsy when I hear analysts and the public piling on with ever-increasing numbers. It just seems that that is a sign for a correction in the near future.
i was told to not buy apple at 15.40 one day in aug about 8 years ago.....i figured that was 10 grand well spent..... playbook anyone? ps i also bought bre-x at one point 
