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Apple Estimated to Have Sold 11 Million iPads Last Quarter

Posted April 19, 2012 at 2:46pm by iClarified · 4684 views
The consensus of the six best Apple analysts over the past six quarters has Apple selling 10.95 million iPads last quarter, reports FORTUNE.

Among the 28 Wall Street analysts we heard from, iPad sales estimates ran from a low of 9 million from Morgan Stanley's Katy Huberty to a high of 14.47 million from Topeka's Brian White -- an unusually large range of nearly 5.5 million units. The average estimate from this group was 11.87 million, which would represent an increase of 153% over Q2 2011's 4.69 million.

The average estimate among our newly expanded list of independent analysts -- 22 in all -- was 12.2 million, a 181% increase from the same quarter last year. The low estimate in this group was 9.9 million from Alexis Cabot, an American expat living in Rome, and the high was 15.55 million, submitted by Gregg Thurman of AAPL Independent Analysts.


The site then looked at just the top six independent analysts to get a consensus of 10.95 million iPads which is a year-over-year increase of 133%.

Apple has announced that it's second quarter results conference call will take place on April 24, 2012.

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