Monday, November 5, 2012

AAPL: More on Apple's (AAPL +1.9%) 3M iPad sales:...

9:39 AM More on Apple's (AAPL +1.9%) 3M iPad sales: The figure is padded by the launch of an updated regular iPad, but still suggests weekend iPad Mini sales beat expectations - Gene Munster was forecasting 1M-1.5M weekend sales, and first-weekend sales for the 3rd-gen iPad only totaled 1.5M. It begs the question of how much of Apple's FQ4 iPad shortfall was due to form factor. Every available Mini model is showing 2-week shipping times at Apple's online store. (reviews) (margin impact) (Read the comments on this)

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