5 Million Apple Tablets in Year 1

[iDan]

Mike Abramsky with RBC Capital Markets has a new note out for investors regarding estimated sales of the new tablet device from Apple. He is predicting an average selling price of $600 and Apple will sell 5 MILLION units in the first year of sales. Lets do the math and we have an roughly $3 BILLION in sales generated from the new product.

{source: AppleInsider.com}

 

[JohnnyApple]

I hope Apple sells that many and more. However, that is a projection based on an estimate based on a guess of a mythical product.

That's a lot of stretching