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Ipad growth accelerates to 156%, tablet sales to 'measurably'exceed pcs by efwegbe erergeer
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Ipad growth accelerates to 156%, tablet sales to 'measurably'exceed pcs |
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Business,Business News,Business Opportunities
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The launch of the new iPad shows sales of Apple's tablet areramping at an accelerated rate of 156 percent year over year,putting them in a position to become "measurably larger" than thePC market as a whole. Analyst Gene Munster with Piper Jaffray believes most expectedApple to sell between 1 million and 2 million of its new iPad overthe launch weekend. But Apple easily exceeded those projections on Monday , when the company announced that it had sold 3 million of the newiPad in its first three days. The sales suggest that Apple will sell 12 million iPads in thecurrent March quarter, with year-over-year growth accelerating to156 percent. In comparison, the iPad saw 111 percent year-over-yeargrowth in the December 2011 quarter.
Munster sees Apple retaining a majority share of the tablet marketthrough at least the next three years. He has called for Apple tosell 66 million iPads in calendar year 2012, growing to 176 millionin calendar 2015, as the tablet market marches toward eclipsing PCsales. "We believe the unprecedented ramp of the iPad over the past yearis evidence that the tablet market will be measurably larger thanthe PC market," Munster wrote in a note to investors. Separately, analyst Mark Moskowitz with J.P.
Morgan called the newiPad launch "staggering," and in position to see "break-out growth"following the record breaking weekend. Looking forward, he expects sales to grow as the iPad finds moreadoption in the enterprise. Specifically, he anticipates thatMicrosoft will release a version of its Office suite for the iPad, driving corporate adoption. "Currently, the enterprise vertical represents less than 10% oftablet units, but once Office is available on the iPad, we thinkthat enterprises will regard the tablet as a productivity device,"Moskowitz said. Finally, Shaw Wu with Sterne Agee increased his price target forAAPL stock to $740, from $620, following the release of salesfigures for the new iPad launch.
In addition to strong iPad sales,he said his supply chain and industry checks have indicated thatthe iPhone is also seeing strong sales. "We are picking up stronger than expected momentum despite a recordsetting December quarter where 37 million iPhones were shipped," Wusaid. "We believe March quarter shipments will likely be lessseasonal than expected, helped by 21 countries added to carry theiPhone 4S and the addition of China Telecom as a carrier partner.". I am Ultrasonic Cleaners writer, reports some information about asturo spray gun , hydraulic rotary actuators.
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