Apple 2.0

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Analysts hastily revise iPad numbers

June 1, 2010: 10:16 AM ET

Shocked, shocked that Apple could sell so many units in just two months

The iPad mosh pit in Munich last Friday

In the wake of Apple's (AAPL) announcement Monday that it has sold its 2 millionth iPad, we have a flurry of new estimates.

Piper Jaffray's Gene Munster:

  • iPad sales, calendar 2010: to 6.2 million units from 4.3 million.
  • Fiscal 2010 revenue: to $58.327 billion from $57.222 billion
  • Fiscal 2010 EPS: to $12.90 from $12.68
  • Price target: $330 a share from $323

Barclays Capital's Ben Reitzes

  • iPad sales, June quarter: to 2.8 million units from 1.5 million
  • iPad sales, fiscal 2010: to 6.1 million from 3.45 million
  • Fiscal 2010 revenue: to $61.6 billion from $60.1 billion
  • Fiscal 2010 EPS: to $13.68 from $13.32
  • Price target: $320 a share from $315

Kaufman Bros.' Shaw Wu

  • iPad sales, June quarter: to 2.7 million units from 2 million
  • iPad sales, calendar 2010: to 8 million from 6.3 million
  • Fiscal 2010 revenue: to $59.3 billion from $58.7 billion
  • Fiscal 2010 EPS: to $13.30 from $13.20
  • Price target: $320 -- no change

Broadpoint Amtech's Brian Marshall

  • iPad sales, June quarter: to 2.5 million units from 1 million
  • iPad sales, calendar 2010: to 10 million from 6 million
  • Calendar 2010 revenue: $63.5 billion from $62.6 billion
  • Calendar 2010 EPS: to $15.35 from $14.50
  • Price target: to $340 from $320.

UBS' Maynard Um

  • Fiscal 2010 EPS: $13.41 from $13.22
  • Price target: to $320 from $315.

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Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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