Do You Believe in iPads?

Apple shares took a hit Monday, getting pounded down to $220.35 before recovering back up to $224.55 at close Tuesday. One of the big questions AAPL investors seem to be asking themselves right now is how much faith they have in the iPad. For his part, Brian Marshall of Broadpoint

Amtech seems to be among the optimists. “I’m raising my estimate for calendar year 2010 sales of the iPad from 2.2 million units to four million,” he told MacNewsWorld. “My estimated earnings per share level for calendar year 2010 is now $12.75, up from $12.”

[Source] Richard Adhikari

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