Charlie Wolf of Needham & Company told investors on Thursday that he was adjusting his iPad shipment forecast from 13.5 million units to 20 million units.
In April Wolf predicted 13.5 million units but recently told investors his formula for that prediction was “hastily formulated.”
According to Wolf:
“In our view, it’s only a matter of time before iPad shipments exceed iPhone shipments. The iPad is invading the business market at a much faster pace than the iPhone. In addition, the iPad will launch in China on July 20th. This should provide a significant boost in sales now that Apple is providing Chinese languages and services on its iOS platform.”
20 million units moved would mean Apple has more than doubled iPad sales year-over-year and it would reveal a new sales record for Apple iPad based products. In comparison the Apple holiday shopping sales figures revealed 15 million iPad’s sold.
Wolf claims that the $399 16-gigabyte iPad 2 has been the biggest seller for Apple and that the device has been particularly strong among business and education users.
In announcing the correction on his previous numbers Wolf also announced expectations of 28 million iPhone unit sales, up from 27 million units. In comparison Apple sale 35 million units in the March quarter. Apple sales tend to increase towards mid-year when never versions of its devices reach market.
Apple will release its earnings reports for Q3, 2012 during a conference call on Tuesday, July 24, at 2 p.m. Pacific.
Not enough iPad dominance for your liking? Check out this tweet from @RTouchPoints (Retail TouchPoints):
— Retail TouchPoints (@RTouchPoints) July 13, 2012
Are you surprised by Apple’s continued dominance and increasing sales numbers in the tablet sector?