Analysts peg Q3 iPad sales in 6-9.5 million range

Business

Ahead of Apple’s third-quarter earnings report on July 19th, Fortune has tapped 39 analysts and has created a roundup of their iPad sales estimates. We already know that the iPad 2 has been flying off of store shelves since Apple announced the tablet on March 2nd. However, demand was so great that it’s unclear just how many Apple was able to manufacture and sell during the third quarter. Brian Marshall from Gleacher, Daniel Ernst from Hudson Square, and Mark McKechnie from Think Equity all estimate that Apple sold 6 million iPads during the quarter. That’s at the low-end of the analyst’s predictions. Amateur analyst Navin Nagrani suggested that the Cupertino-based firm sold 9.5 million iPads, but that’s still short of the 14 million iPad units sold that CLSA predicted last month. The average estimate of 7.92 million iPads sold is on a par with the Wall Street prediction of 7.72 million units, a 142% jump from the third quarter of 2010. Who’s right and who’s wrong? We’ll find out next Tuesday.

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5 Comments
  • keymaker

    Magical……………

  • Anonymous

    18.5 million. Easy.  true story™©®

  • http://twitter.com/cordial david carter

    6 to 9.5m tablets..The Analysts are really earning their salaries with this level of precise prediction expertise. 

  • KCRic

    I say 100 trillion-billion, I’m an analist too, I can pull numbers out of my a$$ also. Oh, did  say analist? I meant analyst.

  • Anonymous

    let the number games begin so the analysts can fuck with the stock
    price in one direction or the other. so tired of this shit. people bitch
    about it being overvalued… meanwhile netflix (nflx) is parabolic.

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