Apple Inc.(NASDAQ:AAPL)’s iPad Mini tablets which had been pre-ordered are now being delivered, and the tablets are also going to be stocked up in shelves very soon. With the advent of another tablet in the market race, analysts have been working furiously to decide which tablets will sell the most, especially during the upcoming holiday season. Shipment forecasts are being made by many such analysts, and Ming-Chi Kuo, who is an analyst at KGI, is of the opinion that the first week will herald in about 850,000 sales. He has come to this conclusion after having evaluated the supply chains as well as other logistics, such as the issue of transportation.
Kuo suggests that apart from selling so well, the tablet had a chance of selling even better had the product been made much earlier. The iPad Mini production started somewhere in the middle of the month of October this year. The shipments during the first week would have had been greater, had the production of the device been in greater numbers. Therefore, the reason why he chose this number was not dependant on how much people would want this tablet, as much as it is about how much the company can provide. According to the shipment quotes in the official site for the company, Apple probably made only 950,000 of these devices before the launch and the beginning of the pre-orders.
According to Kuo, the tablet is to rule the field in the market of the mid-size tablets. The chief competitors to the new tablet by Apple are, the Google Nexus 7, as well as the Kindle Fire HD, by Amazon. However, Kuo believes that their sales are slowing down, and that Apple will be able to sell the same number of tablets in its first week, as does Amazon in half a month, and Google, every month. This data is based on the fourth quarter details, and forecasts.
The company is expected to do exceedingly well during the holidays, and it is going to rule the market, followed by Amazon’s tablet, and then, Google’s Nexus 7.