A new report from UBS analyst Maynard Um reveals that he expects to see some pretty impressive market performance from Apple, suggesting that Apple could ship up to 8 million iPads over the next 3 months, as well as over 18 million iPhones.
Further, Um is reportedly seeing strong continued interest in Apple’s Mac lineup, and reports that he sees massive margin potential for Apple due to favorable component pricing and a cheaper back-to-school promotion, among other tings.
Apple’s third fiscal quarter iPad 2 sales will likely hit the 7.9 million unit mark, according to UBS analyst Maynard Um. He also expects Apple to report 18.3 million iPhones sold, and raised his quarterly revenue expectations from US$24.8 billion up to $24.9 billion.
Um is maintaining his “Buy” rating and $510 target price for Apple’s stock.