Thursday, December 29, 2011

Apple: Will Most iPad Buyers Wait For Next Generation Model?

While the early read on the Apple (AAPL) iPad suggests that demand is just fine, RBC Capital analyst Mike Abramsky this morning suggests in a research note that the initial demand may not be indicative of the true long-term demand. He contends that an estimated 60% of potential buyers – not sure how he got that number – are going to hold off and await the second generation of iPads, on the theory that future models will fill? holes in the first edition, which lacks a camera, USB ports and Flash support.

The company could unveil a solution to the lack of multi-tasking as soon as Thursday.

Abramsky contends the company is on track to sell 5 million iPads in calendar 2010, with 9 million in 2011.

AAPL is up 24 cents, or 0.1%, to $238.73.

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