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Apple sold 18 million iPads in Q4 2012

Apple, as we know, is the world’s number of tablet manufacture. The Cupertino tech giant’s iPad is the best selling tablet ever since it was launched two years back. And this year, the company has managed to break its own sales record by selling what analysts believe, over 18 million iPad units in just a quarter. That is some impressive number for a tablet, which is on the verge of becoming a mainstream media consumption device.

The Cupertino tech giant’s major income comes from the company’s flagship smart phone, the iPhone. The company has been successful in revolutionizing the smart phone market and change the whole genre for good. Electronista writes:

Fortune’s Philip Elmer-Dewitt has released results of a consensus roundup of 61 analysts both from Wall Street brokerages and independent firms that shows a wide rate of estimates for what Apple will report as its fiscal fourth-quarter (which ended on September 30) sales of the iPad. The overall average was around 18.38 million units (a median of 18.13 million), about a million more than the company sold in fiscal Q3 and a 60 percent increase from a year ago.

The company is rumoured to release a new version of the tablet, the iPad Mini, in the next week. If this turns out to be true, there would be an increase in the sales of the iPad, the regular sized iPad and the smaller iPad combined. The iPad Mini is expected to be a lighter, basic, stripped down version of the regular sized iPad with some new features such as the company’s new Lightning connector. The iPad Mini also expected to have a smaller 7.85 inch display which is not the Retina Display. Electronista also writes:

The 2012 iPad is believed to be about midway through its release cycle, with a newer full-sized model expected in the spring of next year, but may get eclipsed during the holidays by the “iPad mini,” particularly if rumors of a more basic, thinner and lighter but still high-quality and low-priced eight-inch model are true. If Apple does announce a smaller iPad on October 23 as expected, it will likely warn investors that full-size iPad sales may suffer during the holiday buying season.

 Source: Electronista