Site icon MacTech.com

Canaccord Genuity: Apple may sell 66 million iPads this year

iPad.jpg

In a note to clients — as reported by “AppleInsider” (http://www.appleinsider.com) — Canaccord Genuity analyst Michael Walkley says the new iPad is off to such a great start, he expects Apple to sell 66 million of ’em this year.

He has raised his price target for Apple stock from US$665 to $710. Walkley’ says his own checks with Apple’s distribution channels have indicated that the new iPad has broken the company’s preorder records.

Exit mobile version