iPad Sales May Reach 30 Million If iPad Mini Released in Q4 2012
The latest market analyst insights from this week suggest that Apple, Inc. (NASDAQ:AAPL) may sell approximately 30 million iPad tablet computers in the December ending quarter of 2012 if rumors are accurate and the smaller “iPad mini” is released.
RBC Capital Markets’ Amit Daryanani theorized in a note to investors that without an iPad mini launch, Apple could sell 21.6 million units of its game-changing tablet computer in the fourth quarter of 2012.
This forecast is based on the hypothesis that only 9.7-inch iPads would be included in the sales – this would mean the second-generation iPad 2 and the “new iPad” with high-definition (HD) Retina Display technology.
However, if the iPad mini is released this quarter as many are expecting, that could mean an additional 8 million units sold. All in all, this would redound to a total of 29.6 million units sold in the December ending quarter, with an increase of $2 billion in net profits.
The iPad mini, which could possibly be announced as early as next week, will be pitted against other similar tablets such as the Google, Inc. (NASDAQ:GOOG) Nexus 7, the Amazon.com, Inc. (NASDAQ:AMZN) Kindle Fire HD and the Barnes & Noble, Co. (NYSE:BKS) Nook HD.
Some of the specifications and features of the rumored tablet include a 7.85-inch display, Lightning dock connector, rear and front cameras and Wi-Fi (wireless fidelity) connectivity. The device’s price point could be kept low by the absence of specifications such as Retina Display and 4G LTE (long-term evolution) support.