Monday, September 13, 2010

iPad to Exceed Mac Revenue by 2012?


The iPad could pass the Mac in revenue by 2012, according to analyst Daniel ("Deagol") Tello.

And no, it's not because I think it'll eat into Mac's growth (average about 25% growth in units, 20% in revenue for the next couple of years). But by Sep 2012 (ttm) iPad would grab the #2 spot as a revenue driver within Apple, behind the iPhone. If we annualize the current quarter's estimate it already exceeds annual iPod revenue, which was the #3 driver up to now (this even after taking into account the December seasonality which benefits the iPod).