Analyst: iPad sales to top 65 million this year

Apple has seen record pre-orders for its latest iPad, and will ship more than 65 million units this year, according to analysts.

Analyst: iPad sales to top 65 million this year

The company announced the third generation of its tablet earlier this month and Canaccord Genuity says customers placing orders for the tablet, which ships Friday, will have to wait between two and three weeks.

“With our checks indicating record pre-orders and two- to three-week wait times for new iPads, we anticipate a record iPad launch this weekend,” said analysts T Michael Walkley and Matthew Ramsay.

The company raised its iPad unit estimate to 65.6 million from 55.9 million for 2012, and to 90.6 million from 79.7 million for 2013, saying rivals would struggle to introduce competitive products over the next two quarters.

Apple’s pricing of the new iPad will help the company to maintain dominant share of the growing tablet market, and further penetrate verticals such as enterprise and education, the analysts said.

“While Samsung appears to have the most competitive Android tablet offering, we view Windows 8 as a greater longer-term threat to Apple’s dominant iPad share than Android tablets,” the analysts said.

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