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Apple to Sell 65.6 Million iPads this Year, Sees Record Pre-Orders: Analysts

March 14, 2012
Apple Inc is seeing record pre-orders for its latest iPad with wait times for shipping the tablet now reaching two to three weeks, said Canaccord Genuity analysts, who now expect the company to sell 65.6 million iPads this year.

Last week, Apple's Chief Executive Tim Cook introduced the highly anticipated third iteration of the iPad, which is available for pre-orders from Wednesday and will hit store shelves March 16.

"With our checks indicating record pre-orders and 2-3 week wait times for new iPads, we anticipate a record iPad launch this weekend," said analysts

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