iSuppli raises iPad sales forecast after Apple's strong Q3

The iPad was a star performer in Apple's third quarter earnings

Market researcher iSuppli sharply increased its forecast for sales of Apple's popular iPad to 12.9 million by the end of this year, from an earlier target of 7.1 million.

The new sales target came out just hours after Apple reported another record high in quarterly revenue, US$15.7 billion, for its fiscal third quarter, which ended June 26. Apple sold 3.27 million iPads during the quarter, contributing $2.17 billion to its revenue.

"The iPad is shaping up to be the ‘Tickle Me Elmo’ of the 2010 holiday season, with product demand expected to vastly exceed available supply," said Rhoda Alexander, director of monitor research for iSuppli, in a research note.

"Our latest research indicates there is much higher production than previously expected for two key components: LCD panels and NAND flash," she added.

The iSuppli analyst noted that Apple will have the iPad on sale in 19 countries by the end of this year, up from 10 during its third quarter, giving it a wider audience for more potential sales.

"iSuppli believes that the only limitation on iPad sales now is production -- and not demand," Alexander said in the note.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags AppleiSupplihardware systemstablet PCslaptopsiPad

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dan Nystedt

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?