iPad 2 News: Demand for iPad 2 40% Higher Than for Previous Model

/* Posted April 13th, 2011 at 2:38am    */
/* Filed under iPad    */

Apple stockholders should be very happy when the company’s quarterly earning report comes out next week. A new report indicates it’s been a very lucrative year for Apple.

20110413 165905 rbc mar11 ipad demand iPad 2 News: Demand for iPad 2 40% Higher Than for Previous Model

It’s no secret that Apple had an amazing year in 2010, selling millions of iPads and iPhones. That roll has continued into 2011, with the release of the iPad 2 on March 11. While Apple has not yet divulged sales figures on the next gen iPad, that should be coming out April 20, when the company issues its quarterly earnings report. According to a new report from analyst Mike Abramsky of RBC Capital Markets, Apple will be posting revenue of $24 billion and earnings per share of $5.75 for the quarter.

RBC also conducted a survey of more than 2000 people last month, and found that demand for the iPad 2 is 40% higher than that for the iPad 1 in May of 2010. 28% of those surveyed stated they were “very likely” or “somewhat likely” to buy an iPad 2, as opposed to the 20% for the original iPad. This is not surprising at all, considering the buying public has had an entire year to be bombarded by hype about the iPad, which was brand-new and unknown 12 months ago.

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