Apple To Sell 37.2 Million iPads Next Year [FORECAST]
Apple Inc. (NASDAQ:AAPL) is expected to sell about 37.2 million iPad devices next year according to Bill Shope of Goldman Sachs Group, Inc. (NYSE:GS). If you consider tablets to be part of the PC market, then this means that Apple will capture 12% of the total PC market in 2011.
“Apple’s share of the PC market has been below 5 percent for most of the past 15 years, and even with the much-hyped “iPod halo effect,” this level hasn’t changed in recent years,” stated Shope. “With the iPad, however, Apple is now offering a unique computing device that is priced for the mass market. In fact, our Apple forecast assumes that the iPad segment will surpass Apple’s Mac business in revenues and profits by the end of fiscal 2011–the first full year of iPad shipments….If we include tablets in our PC unit forecast, then our estimates suggest Apple’s combined iPad and Mac market share would reach 12 percent in 2011. Based on the current market share breakdown in the PC market, this could presumably make Apple one of the largest vendors in the combined PC and tablet market.”
Below is some data crunched by Goldman Sachs Research: