Some interesting news tidbits have appeared this week, and, despite the sharp drop in Apple’s stock price, there are clear indications that situation won’t last for long. Now I’m not about to try to get involved in Wall Street matters; I’d do better predicting the odds at making money with the slot machines in Las Vegas, which means there’s no chance whatever.

But here’s what I’m talking about: According to recent published reports, sales of the iPad and iPad mini are actually doing better than previously expected. One of the recent estimates comes from industry analyst Katy Huberty of Morgan Stanley, who surveyed so-called supply chain sources in Asia, and concludes that,”Key suppliers into iPhone and iPad noted above seasonal March quarter order trends, stronger than expected December quarter revenue, and the potential to further upside before year-end.”

She is estimating sales of 46 million iPhones and 23 million iPads for the current quarter. Don’t forget that Apple sold five million iPhone 5s the first weekend in September, and the device has been seriously backordered since then, though the situation is reportedly settling down. In turn, some three million iPads were sold on the weekend they first went on sale, though Apple doesn’t break down the actual numbers for each model.

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This article was posted on Monday, November 19th, 2012 at 12:00 AM and is filed under News and tagged with: Apple, iPad, Iphone, Katy Huberty, Morgan Stanley, Wall Street.