With Apple selling out of its first run of iPad preorders, one analyst has upped his estimate for debut, first-quarter, and 2010 iPad sales, predicting the company will likely sell more than 2.7 million this year.
Gene Munster with Piper Jaffray said Thursday his initial estimates of 900,000 sales in the June quarter and 2.7 million in calendar year 2010 "may prove to be conservative." He has compared the introduction of the iPad to the iPhone debut, when Apple sold handsets for $499 without contract in 2007. The original iPhone sold 270,000 at launch.
"We believe early indications suggest that initial demand is stronger than the company expected and/or supply issues have slightly constrained availability for the launch," Munster wrote.
The analyst noted that Apple said on Saturday that new iPad orders won’t ship until April 12, and on March 31 the company’s retail stores began calling those who reserved and iPad for pickup to confirm their purchase.
Read more: AppleInsider.com
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