SmartMoney Blogs

Pay Dirt
A daily look at what we buy, how we spend, and the companies that do right - and wrong - by their customers.

Anatomy Of An Optimistic iPad Analyst

It’s already gone viral. In a research note entitled “Shock & Awe,” Needham & Co. investment bank analyst Charlie Wolf upped his 2011 forecasts for worldwide sales of Apple’s iPad to 30 million units from 20 million. That’s double the amount of iPads sold in 2010. Next year, he sees global sales of 40 million.  These kinds of projections help whet the public’s appetite for the still-elusive tablet. How did he come up with the figures?

Getty Images

After the iPad 2 went on sale in 25 additional countries overseas on Friday, Wolf was busy checking the lines on MacSurfer.com. “I got on the Internet on Saturday afternoon,” he tells Pay Dirt. “It was mind-blowing. It was every bit the same as here if not more. It suggested that the iPad is now a worldwide phenomenon not just a U.S. phenomenon as it was a year ago.”

Wolf also noticed that two weeks after the U.S. launch there are lines at stores here, as witnessed here by the blog AppleInsider. He spoke to Apple’s regional manager for the northeast and people standing in line at the Apple store on Manhattan’s Fifth Avenue, which is near his home. Reports that President Obama has an iPad 2 helped: “If he didn’t have one that would have been a negative.”

Buoyed by the 60,000 iPad apps and intuitively-designed screen, Wolf quadrupled his 7.3 million first-quarter sales projection. No-one ever said it was an exact science. “This was a judgment call on my part,” he says. “I sort of ball-parked the first fiscal number into an annual number. It’s dramatically difficult to produce forecasts. This is a whole new computing category.”

Add to that Apple’s retail push into China and the fact that his wife “usurped” his own iPad, which he bought last May. One small caveat, however… He himself won’t be buying a new one: “I fell in love with the 11-inch Macbook Air. To me it’s better than the iPad in terms of its functionality and light weight. With the Macbook Air I don’t know if I’ll ever buy another notebook.” And, so, now you know.


We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (1 of 1)

View all Comments »
    • By WebOsPublisher

      Medical invoice information icons – Free icon. (0.05 MB) . for free download Medical invoice information icon in Medical. Available size : 256×256,128×128,96×96,72×72,64×64,48×48,32×32,16×16 in png format. Tags: Medical,medical,invoice,
      Medical invoice information icons – Free icon for free download
      Free vectorFree psdFree iconphotoshop brushesWallpapersFontPhotoshop StylesPhotoshop PatternsFree website templatesFree Photos
      HomeFree vectorFree PhotosFree website templatesFree iconFree psdphotoshop brushesPhotoshop PatternsPhotoshop StylesFontWallpapers
      Free icon icons
      Click here to free download this file now! (0.05 MB)
      Free icon icons Medical invoice information
      File size: 0.05 MB
      Medical invoice information icon in Medical. Available size : 256×256, 128×128, 96×96, 72×72, 64×64, 48×48, 32×32, 16×16 in png format. Tags: Medical, medical, invoice, information, info
      Tags: Medical medical invoice information info

      Relate file
      Personal information
      Medical bag
      Signs information
      Try some related searches
      free medical icons
      information icon
      free medical icon
      medical images
      information icons
      medical icon free download
      medical icon
      medical icons
      medical graphic
      free icon medical
      for information
      medical art
      icon medical
      icons medical
      free information icons
      information graphic
      All of the resources are gathered by users and public sources on the internet.
      Not all of the resources are allowed for commercial use please contact the author for detail
      If resources have violated your copyright, please through feedback to us so that we can delete a timely manner to protect you!
      Copyright © 2012 all-free-download.com. All Rights Reserved.
      Privacy Policy
      | Searched keywords | Upload your files
      Contact us
      EN: Free vectors
      ES: vectores gratis
      PT: vectores livre
      FR: Gratuit vecteur
      DE: Frei vektoren

About Pay Dirt

  • Pay Dirt examines the millions of consumer decisions Americans make every day: What to buy, how much to pay, whether to rave or complain. Lead written by Quentin Fottrell, the blog examines these interactions, providing readers with news, insight and tips on shopping, spending, customer service, and companies that do right – and wrong – by their customers. Send items, questions and comments to quentin.fottrell@dowjones.com or tweet @SMPayDirt.