Apple's Holiday Quarter iPad Sales Estimated to Hit Record 25 Million - Mac Rumors

Apple will announce its next quarterly earnings on Monday, January 27, and ahead of the announcement analysts are releasing their iPhone and iPad sales estimates for this holiday quarter. As we noted earlier this week, analysts predict record quarterly sales of 55 million iPhones, a 16% increase over the same quarter last year. A follow-up report today from Philip Elmer-Dewitt of Fortune suggests sales of the iPad will grow 10% year-over-year to also set a new record for Apple.

Elmer-Dewitt surveyed iPad sales estimates from 45 analysts, including 28 professionals and 17 amateurs. Estimates range from 21 million to 28 million units, with an average of 25 million units.

The average estimate among all the analysts is 25 million iPads, up 10% from the same quarter last year.

The indies, as usual, are a bit more bullish than the pros. As a group, they're looking for 16% growth, compared with the Street's 8%. Unless they've updated their numbers, four sell-side analysts -- Cowan's Timothy Arcuri, Credit Suisse's Kulbinder Garcha, Citi's Glen Yeung and CLSA's Avi Silver -- still expect Apple to report a drop in iPad sales.

Early metrics from the holiday season mirror these analyst expectations. By one count, the iPad lineup collectively accounted for 18% of Target's Black Friday sales, while the iPad mini was a top seller at Walmart. The App Store also experienced a spike in interest on Christmas day, with revenue increasing by 56 percent and the total number of downloads growing by 53 percent.

Apple will be reporting its quarterly earnings on January 27, 2014 after the close of trading, at approximately 4:30 PM Eastern / 1:30 PM Pacific. MacRumors will have full coverage of Apple's earnings release and the associated conference call taking place at 5:00 PM Eastern / 2:00 PM Pacific.

Related roundups: iPad Air, iPad mini

Seriously at this point who hasn't bought an iPad ?

we all know that one, lonely guy who has a microsoft surface.

Investors are so wrong about Apple, Google and Yahoo in my arrogant opinion.

Apple. On fire. Coming up.

Google. Dangerously dependent on selling ads as it's sole source if big revenue.

Yahoo. Way overvalued on the promise of making money while they don't care if each kindle loses money.

Google glass. Amazon drone delivery. Loud. Non money making. Publicity stunts.

Apple. Secret. Focused. Buy only companies you need.

Kindles does lose money, but I don't recall Yahoo making them.:D

Apple is DOOMED!!

Seriously at this point who hasn't bought an iPad ?

I have a friend who has never owned an iOS device and he is supposedly Apple fan. I seriously wonder about him...

Maybe he likes Macs, but not iDevices.

Either way, I'd keep an eye out on him, because he might go all Samsung on you one day.

As usual, most folks here (the same ones who love to mock the 'Street) fail to see the obvious...

Has the tablet market grown more or less than the iPad's sales growth?!?

If the iPad's growth is more than the general tablet market's growth = Apple is gaining market share;

If the iPad's growth is less than the general tablet market's growth = Apple is actually LOSING market share (even if their total sales numbers have gone up).

OK, now you can resume your smart and witty "Apple is doomed" attempt at sarcasm and "Wall Street is stupid" comments...

And the other day AAPL was downgraded to hold because some firm thinks iPhone sales are soft. These guys don't have a clue.

2 different beasts - 52% of Apple's revenue comes from iPhone while only 17% comes from iPad.

iPhone sales could in fact be soft but, as a Fanboy, you don't want to hear that kind of stuff.

Investors are so wrong about Apple, Google and Yahoo in my arrogant opinion.

Apple. On fire. Coming up.

Google. Dangerously dependent on selling ads as it's sole source if big revenue.

Yahoo. Way overvalued on the promise of making money while they don't care if each kindle loses money.

Google glass. Amazon drone delivery. Loud. Non money making. Publicity stunts.

Apple. Secret. Focused. Buy only companies you need.

And the other day AAPL was downgraded to hold because some firm thinks iPhone sales are soft. These guys don't have a clue.

Seriously at this point who hasn't bought an iPad ?

Who is buying their second or third iPad?

Lots of people.

via apple - Google News http://ift.tt/1kXyeRK