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Apple Will Generate $1.2 Billion in Sales with Tablet Computer Says Analyst
      08/07/09 08:54 PM

Before Apple even acknowledges the plan to release its tablet computer, Piper Jaffray senior analyst Gene Munster has made some bold predictions in what Fortune calls "a report to clients Friday that included some back-of-the-envelope sales estimates and a computer-generated rendering of what he thinks it will look like."

image by Mr. Piper Jaffray

To quote Mr. Jaffray via Fortune:

The device, as he sees it, will?

* Be similar to an iPod touch, only larger, capable of running most of the 70,000 applications on the iPhone App Store plus a new category of apps designed for the bigger screen.
* Will be used primarily for Web surfing, e-mail, and digital media, competing with netbooks without being a netbook.
* Will be priced between an iPhone and a MacBook ? between $500 and $700.
* Is likely to include a 3G cellular modem and could be subsidized by a carrier ? either AT&T or Verizon.
* Will sell better than Apple TV did its first year (1.2 million units).
* Could in fact sell 2 million units at $600 each to generate $1.2 billion and add about 3% to Apple?s revenue stream in calendar 2010.

The rumor is the tablet computer will hit Apple stores early next year.


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