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iPad Sales For Q4 2011 Estimated To Reach 14.8 Million Units - iPad in Canada Blog - Canada's #1 iPad Resource iPad in Canada Blog – Canada's #1 iPad Resource

iPad Sales For Q4 2011 Estimated To Reach 14.8 Million Units

by on October 19th, 2011

An analytical study carried out by CNN Money indicates that Apple is set to sale approximately 14.8 Million iPads in the final quarter of 2011. The study suggests iPad as Apple’s fastest-growing product line. A team of 54 analysts compiled a report on projected Q4 iPad sales worldwide with numbers ranging between 8.78 Million to 14.8 Million units. The average estimate turns out to be 11.92 Million which represents a 184.6% increase from the same quarter last year, and would bring the total number of iPads sold in 18 months to more than 40 million.

Among the 54 analysts we’ve polled so far, the numbers range from a low of 8.78 million put forward by Wedbush’s Scott Sutherland to a high of 14.8 million iPads sold (offered by two independents, Dennis Hildebrand of Apple’s Gold and Martin Epstein on LinkedIn’s AAPL Independent Analysts).

We’ll find out who was closest to the mark next Tuesday at about 4:30 p.m. EDT, when the quarterly results hit the business wires. Apple is scheduled to discuss those results in a 5 p.m. EDT conference call with analysts that the company will webcast here.

Apple has said in an official statement earlier that it expects a record-breaking $37 billion in revenue next quarter, 1 percent above the Wall Street consensus.

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Posted under: iPad News