Apple could sell 12 million new iPads this quarter, analyst says

Apple announced on Monday that the company had sold a record 3 million new iPads since Friday’s launch. With Apple’s new tablet set to become available in 24 additional countries starting at 8:00 a.m on Friday, March 23rd, a number of analysts are expecting solid sales to continue. UBS analyst Maynard Um believes that Apple could move 12 million new units in this quarter alone,�AllThingsD reported on Tuesday. “Apple has sold ~750,000 new iPads per day since launch on Friday,” Um said in a note to clients. “If there are no supply shortages, this would imply a run rate of ~12 million new iPads between launch and the end of the quarter. We continue to believe there could be upside

Source: http://www.bgr.com/2012/03/20/apple-could-sell-12-million-new-ipads-this-quarter-analyst-says/

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