The Apple iPad Mini could see sales of up to 6 million units this holiday?
This entry was posted on Monday, July 9, 2012.
The Apple iPad Mini rumors are gathering steam with every passing day, with the Wall Street Journal and Bloomberg reporting that it’s just a matter of time before Apple launches a smaller version of its popular iPad tablet. Now, an analyst has already come up with a prediction of just how well the iPad Mini will do. He estimates sales of 4 to 6 million units. If he’s right, the iPad Mini could be quite the success story for Apple.
"We believe this implies that Apple could sell 4-6 million smaller iPads in the December quarter, assuming a holiday launch. If the launch occurs in (the fourth quarter), we believe the smaller iPad would add about 1% to revenue and (earnings per share) in December." – analyst Gene Munster (with Piper Jaffray) on Monday.
The assumption in most quarters is that Apple will price the 16 GB variant of the iPad Mini at $299. If it were to be true, it would find quite a sweet spot between 2 of Apple’s older (and hence cheaper) products: the $199 iPod Touch, and the $399 iPad 2 (with the former being the basic 8 GB version, and the latter being a 16 GB WiFi only version). It would also severely undercut most Android tablets out there, given that most of the slates from the likes of Samsung and Acer happen to cost a considerable bit more than $299. Moreover, thanks to the considerable clout that the Apple brand enjoys, it might even give the Kindle Fire a run for its money, despite the latter’s cost being a whole $100 less than the upcoming Apple tablet.