Apple iPad Will Be a Hit, Lower Cost iPhones Coming
 Seattle Times |
Apple iPad Will Be a Hit, Lower Cost iPhones Coming
Seattle Times People are underestimating what a hit Apple’s iPad will be, according to Morgan Stanley analyst Katy Huberty. In a note to clients today, Huberty predicted Apple will sell 6 million iPads this year — way more than the 3 million to 4 million consensus estimate. Huberty believes “recent negative sentiment” since the iPad unveiling have set Apple’s stock up for a bounce after the device launches in March and new iPhones appear in June.
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