As the iPad Mini goes on sales in Ireland, an analyst has predicted Apple will sell a total of 101.6 million iPads and 193.9 million iPhones in 2013.
Michael Walkley of Canaccord Genuity analyst also predicted Amazon will sell 10.7 million tablets during 2013 and Samsung is projected to sell 8.4 million tablets.
In reaction to news of the new Apple tablets Canaccord Genuity raised its target on the stock to $800 from $797, while many other analysts cut their targets.
For the three months of the December quarter, Canaccord Genuity forecasts iPad sales of 9.25 million.
Walkley said: "With the impressive refresh of the fourth generation Retina iPad and launch of the iPad Mini… we anticipate very strong holiday quarter iPad sales. In fact, with Apple’s decisions to price the iPad Mini at a $170 discount to similar fourth generation iPad SKUs and competitively priced versus lower priced competing products from Google and other Android OEMs, we anticipate strong sales of the iPad mini, especially as gifts during the holiday quarter.Further, we believe the iPad Mini significantly expands Apple’s tablet addressable market internationally and should lead to strong sales throughout F2013 as international distribution increases."
With regard to the iPhone sales of 193.9 million in 2013, Walkley predicted that Samsung would sell 303.6 million expected handsets. He notes that Apple’s 59% of operating profits and Samsung’s 47%, will combine to take 106% of all smartphone profits, however reports Forbes.
These projections are not exactly idle speculation. As noted by Fortune, Walkley was ranked number one among the analysts who predicted revenue and EPS for Apple’s just gone financial quarter. Walkley’s forecast for iPhone unit sales of 26.92 million units was remarkably close to actual sales of 26.91 million.
The iPad Mini retails in Ireland from €339.
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