Apple Could Sell as Many as 69 Million iPads This Year

Even though its market share has dropped since this time last year, the iPad is still fairing tremendously well in the tablet market and analysts are predicting Apple will sell 69 million units in 2012. Not only that, but the iPad seems to be earning a reputation for being a PC killer. Shipping estimates for personal computers for 2012 are being cut for the remainder of the year, due mostly to the iPad.

According to Apple Insider, analyst Rob Cihra with Evercore Partners told investors that traditional computer sales will drop four percent year-over-year in the third quarter of 2012 and overall PC growth will remain the same as 2011.

Cihra believes that the iPad is responsible for “at least half” of the decline of the PC market. He pointed out that personal computers have lost steam ever since their max growth in the third quarter of 2010, which is right after Apple launched the first-generation iPad.

PC shipments were shown to have dropped by 0.1 percent worldwide and 5.7 percent in the U.S. for the June quarter. Apple saw sales growth for its Mac desktop computers by 4.3 percent.

Cihra believes that Apple will maintain a 60 percent lead over the tablet market in 2012, even thought the Amazon Fire stole some of the market share in the first quarter of 2012, Google just released the Nexus 7, and Microsoft will be releasing its Windows 8-based tablet, Surface, later this year. That’s a lot of competition for one computer company.

Cihra also estimated that Apple shipped 16.5 million iPads in the just-concluded June quarter, which shows a 78 percent year-over-year growth. Incidentally, Charlie Wolf of Neeham and Company recently estimated that Apple shipped 20 million iPads this past June quarter.

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About Lory: Writer of all things app related, traveler of the space-time continuum, baker of really great cookies. Follow me @appaholik