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Apple iPad 2 sales to hit 30 million units, RBC forecasts

Updated Dec 19th, 2018 7:04PM EST

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In a note to investors on Wednesday, RBC Capital Markets Managing Director Mike Abramsky reiterated the firm’s confidence in Apple’s upcoming next-generation iPad. RBC predicts that Apple will sell 30 million iPad 2 units between April 2011 and March 2012. Apple will unveil the iPad 2 at a media event next week, and the tablet is expected to launch in late March or early April. Abramsky discusses expected hardware specifications for the iPad 2 in his note, which include a faster 1.2GHz processor, 512MB of RAM, a rear camera, a front-facing camera for FaceTime video chat and a thinner, lighter case. He also notes that initial supply may be constrained due to component availability, however, which jibes with our earlier report.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.