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iPad sales to prop up revenue as Apple readies new products, report says

post #1 of 14
Thread Starter 
An AAPL investor report released on Tuesday estimates that the iPad will carry a healthy portion of sales over the next two quarters while the company prepares to launch a next-generation handset and new laptop models.

Barclays Equity Research believes Apple's market cap, which stands at $531.28B as of Tuesday, will see further gains as the company continues to pump profits from the PC market with its iPad product line.

The investment bank left its AAPL price target unchanged at $750, giving the stock an overweight rating due to strong iPad and iPhone demand, Mac gains and international expansion. As in previous years, Apple's staggered new product launch cycle will ward off stagnation and keep demand high for its lucrative device lineup.

Spearheading the next two quarters will be the iPad, which now includes an "entry-level" device in the iPad 2 carry-over from 2011. Estimates see Apple shipping 14.2 million iPad unties in the second quarter of the 2012 calendar year which represents quarter-on-quarter growth of 20 percent.

Going further, the report sees upside benefits from a full three month window of availability for the new iPad and estimates that the third quarter will bring a 12 percent increase in shipments or 15.9 million units. In total, the firm expects iPad sales of 57.2 million for fiscal 2012 and 78.5 million for 2013, up 77 percent and 37 percent year-to-year, respectively.

In a separate preliminary first quarter 2012 tablet shipment report from IDC it was estimated that Apple took a 68 percent share of worldwide tablet shipments totaling 17.4 million units, a nearly 16 percent gain from the 2011 holiday quarter.

Once thought to be a minor threat to Apple's iOS tablet, Amazon's reasonably-priced Android-based Kindle Fire seems to have lost its teeth after dropping from a 16.8 percent share of the market at the end of 2011 to just 4 percent in the first quarter of 2012.

Amazon Top Sellers
While the Kindle Fire continues to reign on Amazon's own online store, the iPad has taken 68% of the worldwide tablet market share. | Source: Barclays


"We continue to believe that the iPad will cannibalize PC sales and do not believe that Apple needs to launch a compromised ?hybrid? product of a Mac with a detachable screen," writes Barclays Capital analyst Ben Reitzes. "We believe iPad users will increasingly ?dock? iPads to keyboards."

Reitzes is referring to recent online murmurs that Apple may be looking to create a competing product to new Windows 8 devices that merge tablet and laptop form factors. The rumors were shot down by Apple CEO Tim Cook, who said during the company's second quarter earnings conference call that while such product was possible, the compromises would outweigh the benefits.

"You can converge a toaster and a refrigerator, but you know, those things are probably not going to be pleasing to the user," Cook said.

On the topic of Windows-based laptops, Barclays believes that expected upcoming refreshes of Apple's MacBook product lines, combined with the summer release of OS X Mountain Lion, will counter any perceived threat from so-called Ultrabooks being pushed by Intel.

"We are very upbeat about the prospects for new MacBook Pros and iMacs to be launched this June quarter ? and even more optimistic about a new line of MacBook Airs to likely ship in the September quarter at more attractive price points," Reitzes writes.
post #2 of 14

The massive irony of that graphic from Amazon is that they are not even an authorized reseller of the iPad and all those entries are from other 3rd parties reselling iPads all above list price. Notice the prices - all at or above list - most of them are probably refurbs so people are working the arbitrage via Amazon (just like they do on ebay).

 

If the vastly more expensive, above list price, dodgy sourced iPads can get that high up the Amazon sales chart, no-one else has a chance!

 

Maybe they should rename the Fire, the ember...
 

post #3 of 14

Another day another pointless analyst report.

 

Isn't there any news and/or rumours about the new MacBooks? It's all gone very quiet.

 

I presume there won't be an announcement ahead of WWDC given that it's only a few weeks away. I hope they reveal the new MBPs then and maybe new iMacs.
 

post #4 of 14
Quote:
Originally Posted by AppleInsider View Post


"We continue to believe that the iPad will cannibalize PC sales and do not believe that Apple needs to launch a compromised ?hybrid? product of a Mac with a detachable screen," writes Barclays Capital analyst Ben Reitzes.

 

 

HUH? Detachable screen? Where the F did that come from?

Why does Apple bashing and trolling make people feel so good?

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Why does Apple bashing and trolling make people feel so good?

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post #5 of 14
Quote:
Originally Posted by Dickprinter View Post
HUH? Detachable screen? Where the F did that come from?

 

The formatting is weird, here:

 

"We… …do not believe that Apple needs to launch a… hybrid product… [in the form] of a Mac with a detachable screen."

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

Reply

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

Reply
post #6 of 14
Quote:
Originally Posted by Capnbob View Post

The massive irony of that graphic from Amazon is that they are not even an authorized reseller of the iPad and all those entries are from other 3rd parties reselling iPads all above list price. Notice the prices - all at or above list - most of them are probably refurbs so people are working the arbitrage via Amazon (just like they do on ebay).

 

If the vastly more expensive, above list price, dodgy sourced iPads can get that high up the Amazon sales chart, no-one else has a chance!

 

Maybe they should rename the Fire, the ember...
 

 

I can say with great authority and experience from working in both the publishing and retail business that those lists of "top sellers" and "best sellers" are 100% rigged and always have been.  They often have no relation to actual sales at all.  The reasons and the intricacies of how and why are not worth the couple of pages it would take to explain, but you can pretty much count on any statistics like that published by Amazon to be virtually useless in determining anything at all.  

 

There are very strong indications for example, (if you read other sources than Amazon itself), that Kindle sales have taken a nose dive lately.  I've seen figures as high as a 75% reduction in sales volume.  Furthermore, the Fire hasn't taken up the slack and is only selling moderately so far.  Yet on the chart, both Kindles and Fires are outselling iPads.  

 

That chart is total kaka.  One should be especially suspicious of such figures from a company as secretive as Amazon.  

They rarely release any actual sales information even to their investors.  It's a long running complaint from those that want to invest with them. 

post #7 of 14
Quote:
Originally Posted by AppleInsider View Post

"We continue to believe that the iPad will cannibalize PC sales and do not believe that Apple needs to launch a compromised ?hybrid? product of a Mac with a detachable screen," writes Barclays Capital analyst Ben Reitzes. "We believe iPad users will increasingly ?dock? iPads to keyboards."

 

There's that "cannibalize" word again... misused as always.

na na na na na...
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na na na na na...
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post #8 of 14
Quote:
Originally Posted by AppleInsider View Post

"We continue to believe that the iPad will cannibalize PC sales and do not believe that Apple needs to launch a compromised ?hybrid? product of a Mac with a detachable screen," writes Barclays Capital analyst Ben Reitzes.

That's a pretty safe bet - since no one ever proposed that Apple should offer a Mac with a detachable screen.

In related news, we do not believe that Apple needs to launch a compromised hybrid product which is a gerbil powered iPad. We also do not believe that Apple needs to launch a hybrid product which is an A6-powered space shuttle.
"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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"I'm way over my head when it comes to technical issues like this"
Gatorguy 5/31/13
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post #9 of 14
Quote:
Originally Posted by Tallest Skil View Post

 

The formatting is weird, here:

 

"We… …do not believe that Apple needs to launch a… hybrid product… [in the form] of a Mac with a detachable screen."

 

No weird formatting and I did not misunderstand.....who ever said something about anything Apple/Mac with a detachable screen? That hasn't even been a Digitimes rumor......yet.

Why does Apple bashing and trolling make people feel so good?

Reply

Why does Apple bashing and trolling make people feel so good?

Reply
post #10 of 14

I sure hope the iPad keeps spanking PC desktop sales even after the introduction of Windows 8.  That would be a real belly buster.  It would be funny if consumers continued to choose the iPad over Windows Ultrabooks but I don't think that's likely because those Ultrabooks would seem to be pretty useful with good battery life.

post #11 of 14
Quote:
Originally Posted by island hermit View Post

 

There's that "cannibalize" word again... misused as always.

Hey, it sounds cool and makes you appear to be in the know.

post #12 of 14
Quote:
Originally Posted by Constable Odo View Post

I sure hope the iPad keeps spanking PC desktop sales even after the introduction of Windows 8.  That would be a real belly buster.  It would be funny if consumers continued to choose the iPad over Windows Ultrabooks but I don't think that's likely because those Ultrabooks would seem to be pretty useful with good battery life.

iPad is only getting started.

post #13 of 14

This is another deflection piece from the media to steer the humble masses away from the obvious. Cook's outrageous statement concerning a toaster refrigerator meld is mere marketing smokescreen. Apple will sell a Macbook Air-like laptop with a large detachable or convertible screen as per the patent they had for just such a scenario that was "discovered" last year. This hybrid will have a convergent OS where the iOS part is used when the screen is detached to preserve battery life. Consider it the deluxe version of the Macbook Air that will be launched several years from now after the iPad buzz has settled down.  

post #14 of 14
Quote:
Originally Posted by rmm21 View Post
Apple will sell a Macbook Air-like laptop with a large detachable or convertible screen as per the patent they had for just such a scenario that was "discovered" last year.

 

No, that's not going to happen by any stretch of the imagination.

 

Quote:
This hybrid will have a convergent OS where the iOS part is used when the screen is detached to preserve battery life. Consider it the deluxe version of the Macbook Air that will be launched several years from now after the iPad buzz has settled down.  

 

OS X is OS X. iOS is iOS. If you touch it, it's not OS X. If you mouse it, it's not iOS.

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

Reply

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

Reply
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