Apple Could Sell 48 Million iPads This Year (AAPL, AMZN, MSFT, NOK, GOOG)

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By Paul Ausick Published

Apple Inc. (NASDAQ: AAPL) is expected to announce a new version of its iPad tablet by the end of March. There is plenty of speculation about what will be included in the new release, but everyone pretty much agrees that no matter what, the iPad 3 will sell like the proverbial hotcakes.

An analyst at Sterne Agee told the WSJ’s All Things Digital blog, “We are currently modeling 48 million iPad shipments for calendar 2012.” And that could be a “conservative” estimate.

The only real, existing competitor the brokerage firm sees is the Kindle family from Amazon.com (NASDAQ: AMZN). A new Windows Phone 8 operating system is due from Microsoft Corp. (NASDAQ: MSFT) and Nokia Corp. (NYSE: NOK) in late summer or early fall, and there will surely be a lot more devices that use the Android operating system from Google Inc. (NASDAQ: GOOG).

The Microsoft/Nokia duo might take a small bite out of Apple’s sales, but nothing is likely to derail the iPad juggernaut.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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