The changes Apple was able to bring to its iPad line are “nothing short of phenomenal,” according to analyst of Gleacher & Co. Mr. BrianMarshall who maintained his US$400 price target and “Buy” rating for Apple’s stock in place, and for 2011 he didn’t change his iPad approximations, however he did say that he may change his mind on upgrading his personal iPad.
“Heading into the event,” he wrote in a study to clients acquired by The Mac Observer, “we had no intention of upgrading our [1st generation] iPads, but after testing the new device, we may have changed our minds. The technological improvements the AAPL design team made to the iPad 2 in just approximately 12 months is nothing short of phenomenal, in our view (e.g., 33% thinner, 15% lighter, 9x faster graphics, smart cover capability, etc.).”
He as well distinguished that Apple’s Steve Jobs appeared better than he did at his previous appearance, and felt that the appearance of Mr. Jobs had one major reason and that was to inform the world that he wasn’t going wherever just so far.
According to the message of Mr. Marshall, his message is loud and clear informing that it is his company and he is no plan of going somewhere else anytime soon.
Naming his individual iPad approximate “conservative,” Mr. Marshall presently projected that Apple will sell 5.3 million iPads during the March Quarter and 30 million throughout 2011.