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Analyst ups his sales forecasts for iPhones, iPads

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In a note to clients — as reported by “Fortune” (http://macte.ch/sDma0), Susquehanna’s Jeff Fidacaro has raised his Apple price target from US$445 to $465 and upped his sales estimates for the iPhone and iPad.

For the March quarter, Fidacaro raised his iPhone shipment estimate to 19.8 million (from 17.7 million). For fiscal 2011, he’s looking for iPhone shipments of 76.7 million (up from 70.5 million), an increase of 92% year over year.

Fidacaro’s supply-chain sources suggest a build of 6.7-7.1 million iPads in the current quarter (2 million iPad 1s and the rest iPad 2s) and sales of 5.25-5.5 million units. The big bump comes next quarter, after what he believes will be the April launch of the iPad 2. Fidacaro is looking for sales of 8.5 million iPads (up from 6.5 million) in the June quarter and has raised his fiscal 2011 estimate to 32.1 million iPads (from 27.3 million), an increase of 330% year over year.

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