Analysts Estimate iPad Sales Have Slowed To 18.1 Million In Q3 2013

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After refreshing its iPad lineup in the fall last year, rather than summer, Apple set itself up to go through a June quarter without a new iPad launch for the first time since it was introduced in 2010.

With Apple’s Q3 2013 quickly approaching on July 23rd, analysts have already begun to make their iPad sales estimates, and to no one’s surprise, YOY growth has slowed to a crawl in Q3 2013.

Philip Elmer-DeWitt at Fortune checked in with a panel of 48 Apple analysts to gauge their estimates on Apple’s iPad sales for Q3 2013. The cumulative average estimate came out to 18.1 million sales, representing a 6.2% growth YOY:

“There is, however, considerable disagreement among the bulls and bears in our analyst pool.

  • The high estimate of 22 million iPads, submitted by independent Paul Reina of the Braeburn Group, would represent a yearly growth rate of nearly 30%.
  • The low estimate of 13.5 million from Pacific Crest’s Andy Hargreaves is 21% below last year’s sales.”

A full list of the analysts in the panel along with their estimates can be found at Fortune. As to which analysts are right, we’ll find out Tuesday, July 23rd when Tim Cook and Peter Oppenheimer dive into the details.

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  • MrsCleaver

    “…analysts have already begun to make their iPad sales estimates, and to no one’s surprise, YOY growth has slowed to a crawl in Q3 2013″

    Gee, only 18 million? I don’t think I’d call that a “crawl”. Most manufacturers would kill for those numbers.

    Analysts are nothing but highly paid guessers. They serve no tangible purpose, other than to confuse users and investors. Where they really excel, however, is getting their comments into Cult of Mac.

  • lwdesign1

    It’s asinine the way “analysts” can devalue Apple’s OUTRAGEOUS success and label 18 million sales with the same tar brush they’d use if Apple was actually LOSING money. Gosh, “slowed to a crawl” gives the impression that Apple is on its last legs and will be out of business any day now!

    How about this as a more accurate headline:

    “Apple Projected to Make Gargantuan Sales of 18 Million iPads Instead of Humongous Sales, and Is Still Selling Amazing Quantities of Products Despite Worldwide Economic Hard Times”

    Analysts are the jokers that investors listen to as to whether they should buy, hold or sell their stocks. This accounts for Apple’s share price plunging even though Apple has consistently turned in highest ever sales of nearly every one of the products across the board. These “anal”ysts put forth their twaddle and crystal ball predictions based on god-knows-what and send investors into a tizzy, selling their stocks, thus driving stock prices down, even though Apple is healthier and selling more products than it has in its entire history as a company.

    Pay no attention to these manipulators and magicians behind the screen. They are pretenders who create the catastrophes they predict.

  • MrsCleaver

    Analysts are the jokers that investors listen to as to whether they should buy, hold or sell their stocks. This accounts for Apple’s share price plunging even though Apple has consistently turned in highest ever sales of nearly every one of the products across the board. These “anal”ysts put forth their twaddle and crystal ball predictions based on god-knows-what and send investors into a tizzy, selling their stocks, thus driving stock prices down, even though Apple is healthier and selling more products than it has in its entire history as a company.

    Well said! Couldn’t agree more. Just wish Cult would stop printing the analysts’ drivel.

About the author

Buster HeinBuster Hein is Cult of Mac's Social Media Editor. Hailing from Roswell, New Mexico, but now spending his days in Phoenix, Arizona, he wastes most of his time eating burritos and reading Spanish romance novels. Twitter: @bst3r.

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