Everything's coming up roses for Apple's iPad in 2011, and that's bound to continue for at least the next decade or so, predicts Needham & Company analyst Charlie Wolf. In fact the investment firm just bumped its target price for Apple's stock to $540 and projects sales of 54 million iPads and 108 million iPhones in 2012.
According to Wolf, the iPad has the market by the horns until at least 2020. This year, he says Apple's tablet will walk off with a whopping 85% of the market. While that number declines rolling forward, it'll still be as high as 72.5% (101 million units shipped) in 2015 and a still-majority 60% (140 million units shipped) when 2020 rolls around.
According to Wolf, the iPad has the market by the horns until at least 2020. This year, he says Apple's tablet will walk off with a whopping 85% of the market. While that number declines rolling forward, it'll still be as high as 72.5% (101 million units shipped) in 2015 and a still-majority 60% (140 million units shipped) when 2020 rolls around.
