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Alias Born | 05/14/2010 |
Saturday, February 12, 2011 7:35:03 PM
Let's talk iPad. Apple was expecting to sell 500,000 right out of the box, but they've already doubled that number. Indeed, the reception has been so overwhelming that you really have to wonder how many units the company would have sold if they'd simply been able to stay up with demand.
Regardless, this is a huge growth engine and there's more to come in this sector. When you've got to postpone your international launch to satisfy your domestic demand you've got the proverbial tiger by the tale.
Obviously, when Apple /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 356.85, +2.31, +0.65%) itself tells Wall Street about the huge response and the stock pops accordingly, the market's already trying its best to price the iPad's success into Apple's stock. But as great as the iPad's reception has been for Apple, it's not really going to move the needle too much this quarter or for the next few after that -- a million $500 units is small potatoes for a company that does tens of billions of dollars of sales per quarter.
http://www.marketwatch.com/story/profiting-from-the-ipad-boom-2010-05-18
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