Industry analyst Mike Abramsky of RBC Capital Markets is bullish on the iPad, noting that at this early date, Apple is selling more than 200,000 a week of the new device. By comparison, US sales of Macs are hovering at about 110,000 per week and sales of the iPhone 3GS are at about 246,000 per week based on first quarter 2010 sales figures.
Now, remember that this is all based on the iPad selling in one country -- the United States. The official international launch of the iPad is coming up at the end of next week, which prompted Abramsky to raise his estimate of global iPad sales during 2010 from 5 million to a whopping 8 million.
Some may be thinking that iPad sales are cannibalizing sales of Macs, but Piper Jaffray analyst Gene Munster shot that theory down earlier in the week, noting that it's more likely that iPod sales will suffer. UBS analyst Maynard Um ran a small survey which showed that most iPad buyers don't see the device as a replacement for their more traditional computers, including Macs.
Many analysts are of the opinion that the iPad, like the iPhone before it, will generate a "halo effect" that will drive sales of other Apple products as well.
[Digital Daily, via The Loop]