iPad sales to hit 22 million over holiday quarter, says analyst
Facing sluggish competition from laptops and rival tablets, Apple could sell as many as 22 million iPads during this year's holiday-shopping quarter, says investment analyst Jason Schwarz.
In an article for Seeking Alpha, Schwarz declared late last week that the "era of the laptop is over" and that Apple is the sole beneficiary of the trend away from portable PCs in favor of tablets.
The analyst offered an anecdote of a businessperson who used to carry a MacBook Air everywhere but now relies just on a desktop and iPad. Schwarz also pointed to specific studies showing weaker … Read more