iPad Sales Fall Short of Target

Quarterly results published by Apple yesterday revealed that 4.2m iPads had been sold, down against analysts predictions of 5m.

This is against a backdrop of encouraging sales data for the iPhone – 14.1m (up 91.4% on the same quarter last year) and iMac computers – 3.9m (up 27% against the same period).

I would suggest that supply problems – I certainly noticed my local Best Buy were out of stock recently, combined with consumers awaiting the launch of iPad 2.0 are significant factors behind these reports.

However, as reported here, the iPad is shortly to be available in Wal-Mart and is already being stocked by Target as Apple makes attempts to widen distribution.

I stick to my prediction that the iPad will become the dominant platform for accessing the internet in 3-5 years.

Am I wide of the mark?

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