There's still another week for everyone and anyone to throw their tuppence of predictive nouse into the ring when it comes to all things iPad.
BMO Capital's Keith Bachman has made exactly that move, upping his prediction about the device's medium term success.
In a note to investors, he's stuck with his "conservative" prediction that Apple will sell 2.5 million iPads in its fiscal FY2010 (ending 26th December), while increasing his prediction in terms of FY2011.
Originally 5.5 million, it's now 7.2 million.
It's part of his thinking that Apple stock remains undervalued, despite being at an all-time high. His target price is $265; the shares are currently around $230.
Bachman also predicts wider growth in terms of the entire tablet market, with a total market size of between 17 to 22 million units sold in 2011.
[source: Brainstorm Tech]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
as
News
May 15th, 2024
Nexon banks on big Dungeon & Fighter Mobile China launch as Q1 revenue declines
Feature
May 14th, 2024
Matej Lančarič's Squad Busters deep dive: Under the skin of 2024's biggest launch yet
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
Morocco Gaming Expo | Africa | May 24th |