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Analyst Foresees Positive iPad Mini Commercial Performance

According to Piper Jaffray analyst Gene Munster, the iPad Mini could affect the larger iPad's sales figures.

In a note to investors, he said the iPad Mini will have a 20 percent cannibalization rate on sales for the regular iPad.

He believes that every five million iPad Mini unit sales will subsequently result in a decrease of one million sales for the larger iPad units.

Janney Montgomery Scott’s Bill Choi, meanwhile, expects the 7.85-inch iPad to cannibalize around 15 percent of standard iPad sales. “We view the smaller iPad as mostly an incremental opportunity, but see some modest cannibalization risk to the iPad and iPod touch,” he said.

Choi expects that for the December quarter, Apple will sell a total of 25.5 million iPad units, with the iPad Mini attributing to six million of those sales. Apple has instilled enough confidence into the tablet that it has reportedly ordered 10 million units for the fourth quarter.

The iPad Mini is due to be announced on October 23, while a release date is said to follow a week later on November 2.

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  • hate machine
    lostmyclanwhy the hell toms only posts about apple ??? no tests no reviews, why toms ? i need find other site for my infos.
    It is Zak Islam, what do you expect?
    Reply
  • rolled
    Self Fulfilling prophecy
    Reply
  • dimar
    I foresee no microSD memory expansion muhahahaha!!!
    Reply
  • wemakeourfuture
    dimarI foresee no microSD memory expansion muhahahaha!!!
    I predict my AAPL shares go higher
    Reply
  • Yuka
    wemakeourfutureI predict my AAPL shares go higher
    Get ready to sell during the conference, cause after they show the iPad mini brings nothing new to the table, you'll be under a few grand, haha.

    Cheers!
    Reply
  • husker
    Tom's Reader Foresees Analyst Predicting The Obvious
    Reply
  • jkflipflop98
    If you really have shares in Apple, I would hope that you remember what happened to the company the last time Mr. Jobs wasn't there. You better get out while the gettin' is good.
    Reply
  • yobobjm
    Apple losing stock price after a product announcement? Nah, the hipster sheep will always enjoy things even when they are no longer innovative or unique in any way.
    Reply
  • bigdog44
    How does an Analcyst foresee anything... Oh i get it out of his brown-eye
    Reply
  • ojas
    Reply