Wednesday, January 19, 2011

Nobody Predicted The iPad?s Growth. Nobody.

Apple sold almost 15 million iPads last year. �It is outselling Macs in units, and closing in on revenues. �The 7.3 million iPads sold just in the December quarter represented a 75 percent increase from the September quarter, and the $4.6 billion in revenue represented a 65 percent sequential jump. (The iPad launched in April). �By any measure, this is an incredible ramp for an entirely new computing product. �It is so startling that nobody predicted it?not bullish Wall Street analysts, or even wild-eyed bloggers. A post on Asymco tallies all the early predictions of iPad unit sales from both Wall Street analysts and tech bloggers. The iPAd ended up selling 14.8 million units in 2010. �The highest Wall Street estimate from April was 7 million (Brian Marshall of Broadpoint AmTech). �David Bailey at Goldman Sachs predicted 6.2 million. �Even Apple table-pounder Gene Munster initially thought they would sell only 3.5 million iPads. The average prediction among the 14 analysts listed was 3.3 million.

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