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RBC: 185 million tablets sold by end of 2014, Android to dominate long-term

March 3rd, 2011

In a note to investors on Thursday, RBC Capital Markets General Manager Mike Abramsky reiterates the firm’s belief that the tablet market is poised to explode over the coming years. RBC forecasts a rise in global tablet revenue from $11 billion in 2010 to $70 billion in 2014, noting that leadership will be achieved through …

Rough news for RIM: Apple’s iPad 2 will launch a month before the PlayBook

March 2nd, 2011

Though not entirely unexpected, it turns out Apple’s second-generation iPad tablet will be released before the BlackBerry PlayBook hits store shelves in April. This could be a crushing blow to RIM and its PlayBook, which has already fallen under heavy scrutiny for not measuring up to Apple’s iOS offering according to bloggers, analysts and members of …

Tablet market to hit $35 billion by 2012, JP Morgan says

February 28th, 2011

If you’re tired of hearing about tablets, we have some bad news for you… they’re not going away any time soon. While repeated failed attempts will undoubtedly trim the number of entrants in the tablet market over the coming months and years, the market itself is poised to explode. JP Morgan said in a note …

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

February 23rd, 2011

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 …

NPD: Apple computer sales up 20% in January, iPod sales down 10%

February 22nd, 2011

Apple watcher Gene Munster of Piper Jaffray on Tuesday revealed NPD Group data showing estimated Apple computer shipments in the U.S. for the first month of the company’s 2011 fiscal year. According to NPD Group’s numbers, Mac sales were up 20% year-over-year in January and shipments are on pace to reach 3.6 million units in …

RBC: Verizon to sell over 1 million iPhones in first week, 3-4 million in Q1

February 9th, 2011

In a note to investors on Tuesday, RBC Capital Markets General Manager Mike Abramsky issued the firm’s estimates for sales of Verizon Wireless’ iPhone 4 during its first week and first quarter of availability. Best on the firm’s pre-order estimates, RBC believes that first-week sales of Verizon’s iPhone 4, which goes on sale tomorrow, will …

BlackBerry PlayBook is ‘dead on arrival’, analyst claims

February 1st, 2011

Wedge Partners principal Brian Blair on Tuesday issued a note to clients that called RIM’s upcoming virgin tablet offering “dead on arrival.” RIM is set to debut the BlackBerry PlayBook next month and opinions of press, bloggers and analysts have been very polarized thus far. Some think the PlayBook will be well received by the …

BlackBerry PlayBook sales could hit 6 million units in first year

January 25th, 2011

In a note to investors Tuesday morning, RBC Capital Markets GM Mike Abramsky suggests that RIM may sell 6 million BlackBerry PlayBook tablets in the device’s first year of availability. In an independent survey of 1,100 consumers conducted after the Consumer Electronics Show in January, RBC found that 6% of respondents were likely to purchase …

RBC ups its target for Apple stock to $425 following huge quarter

January 19th, 2011

Just one week ago, RBC Capital Markets Managing Director Mike Abramsky sent a price target revision to investors upping the firm’s target for Apple stock from $365 to $395. Following Apple’s monster quarter, RBC issued a new revision — this time raising its target to $425. Apple’s conservative second-quarter guidance of $22 billion still beat …

Canalys: Android will double competitors’ growth rate in 2011

January 13th, 2011

According to a new report from research firm Canalys, Android is poised to grow at more than twice the rate of its closest competitors in 2011. The firm says Google’s Android OS will not be held back by fragmentation or the Verizon iPhone as its market share continues to explode globally. “The growth of Android …