11.8 Million iPads Sold ‘Something of a Disappointment’

Ina Fried, writing for some website:

But, when it comes to Apple, those sales were actually something of a disappointment. On average, Apple was expected to sell closer to 13 million iPads last quarter, the first in which it has sold the New iPad, as the latest model is known. […]

Apple sold three million new iPads in just the first weekend. That led some analysts to conclude Apple might be able to sell as many as 12 million of the new models during the quarter.

So on the one hand, we can consider that 11.8 million iPads sold is an increase of 151 percent year-over-year. 151 percent growth in a product segment in which every major player in the industry — from Amazon to Google to Microsoft to Intel to Samsung — is racing to gain as big a foothold as they can.

But on the other hand, we can compare 11.8 million iPads sold to the guesses of a bunch of Wall Street analysts. Let’s do it that way.

Tuesday, 24 April 2012