Apple to Sell a Buttload of iPads In the First Year

While some of us here at Techi and around the blogosphere want an iPad, some don’t. Some even go as far to believe that a person is a “tool” for thinking that the iPad changes anything (harsh, Mr. Thurrott). However — no matter what the critics are saying — people are buying the iPad, and they are buying a lot of them.

An analyst at Kaufman Brothers believes that iPad does change everything:  “We believe iPad has potential to become a high volume device as it could revolutionize publishing and gaming markets, not to mention mobile computing itself.”

Now a few hotshots on Wall Street are predicting that over 5 million of these will be in the homes of people within the first 12 months.

Interestingly, the iPhone sold over 5 million phones in its first year. So there could be a battle brewing between the iPad and the iPhone. So could the iPad actually outperform its younger sibling?

It’s possible!

Now we just need to wait for some official sales statistics from Apple.

Update: Apple has reportedly sold around 300,000 iPads on the first day, including pre-orders. That is significantly lower than the 600,000 to 700,00 that was expected by some analysts.

As Reported by Reuters

Written by James Mowery

James Mowery is a passionate technology journalist and entrepreneur who has written for various top-tier publications like Mashable and CMSWire. Follow him on Twitter: @JMowery.

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