UBS Confident in iPad, iPhone Numbers Following Best Buy Report (AAPL) (BBY)
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Rating Summary:
7 Buy, 25 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Unfortunately it's not always all about you, Best Buy (NYSE: BBY).
Following the retailer's third-quarter conference call Thursday, an analyst at UBS became a little more confident with the firm's estimates for Apple's (Nasdaq: AAPL) iPad and iPhone, as well as overall tablet devices for the fourth quarter.
During the call, Best Buy said it saw general strength in tablets, with particular emphasis on e-Readers. Best Buy continues to be pleased with iPad sales both online and in stores.
UBS is modeling for total fourth-quarter (Apple's first fiscal quarter of 2012) iPhone unit sales of 30 million and iPad units of 12 million. UBS noted its iPad outlook might be conservative, and said 13 million units is achievable.
Looking at the entire tablet market, UBS affirmed sales of 60 million units, including Amazon.com's (Nasdaq: AMZN) Kindle Fire tablet.
Following the retailer's third-quarter conference call Thursday, an analyst at UBS became a little more confident with the firm's estimates for Apple's (Nasdaq: AAPL) iPad and iPhone, as well as overall tablet devices for the fourth quarter.
During the call, Best Buy said it saw general strength in tablets, with particular emphasis on e-Readers. Best Buy continues to be pleased with iPad sales both online and in stores.
UBS is modeling for total fourth-quarter (Apple's first fiscal quarter of 2012) iPhone unit sales of 30 million and iPad units of 12 million. UBS noted its iPad outlook might be conservative, and said 13 million units is achievable.
Looking at the entire tablet market, UBS affirmed sales of 60 million units, including Amazon.com's (Nasdaq: AMZN) Kindle Fire tablet.
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