Apple could crush quarterly iPad sales record with projected 20 million in Q2

iPad Sales Estimates Q2 2012

Newsflash: The Apple iPad is still really, really popular. And according to Needham & Company analyst Charlie Wolf, it’s now even more popular than it’s ever been. Apple Insider reports that Wolf has revised his previous projection of 13.5 million iPads sold in the second quarter of 2012 all the way up to 20 million, even more than the 15 million iPads it sold during the 2011 holiday quarter.

Wolf is even more bullish about the iPad’s potential future sales as well, since he sees that the tablet is being adopted much more rapidly by businesses than the iPhone was after its release.

“In our view, it’s only a matter of time before iPad shipments exceed iPhone shipments,” Wolf wrote in his note to investors on Thursday. “The iPad is invading the business market at a much faster pace than the iPhone. In addition, the iPad will launch in China on July 20th. This should provide a significant boost in sales now that Apple is providing Chinese languages and services on its iOS platform.”

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