Analysts shave iPad sales estimates

Another reason for a possible slowdown in growth is because some buyers are waiting for the iPad 3, expected early in 2012. Some analysts as well speculate that Apple has won the early adopter market however will find it harder to entice the straightway round of buyers.

So far this month, three analysts have trimmed their iPad forecasts for the current quarter, according to Investor's Business Daily. Keep in mind that all three expect strong iPad sales for this period, just not as much as they expected before. Shaw Wu, of Sterne Agee, dropped his forecast to 13.5 million units from 15 million, the largest cutback. Michael Walkley, of Canaddord Genuity, lowered his target to 13 million, from 14 million. Mark Moskowitz, of J.P. Morgan, trimmed his estimate the least: to 13 million, from 13.3 million.

But Forrester Innovation recently predicted that Amazon would sell about 5 million of the new models by Jan. 31, 2012, less than half of projected iPad sales, however enough to make it a very distant No. 2 in the tablet market behind Apple.

Analysts are all in all bullish on Apple's current quarter. Several, according to the IBD story, have boosted their profit and sales projections due to stronger sales of iPhones and Mac computers.

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