Morgan Keegan: The Kindle Fire Took Away 1-2 Million iPad Sales

kids with ipad

Photo: Steel Wool

The Kindle Fire ate away at Apple’s iPad sales this quarter by 1-2 million units, says Morgan Keegan analyst Tavis McCourt in a note this morning.It might not sound like a lot, but it’s actually quite a bit. McCourt is cutting his estimate for iPad sales for the holiday quarter to 13 million units from 16 million units.

He thinks Amazon sold 4-5 million Kindle Fires in the quarter (which is higher than our estimate of 3 million.)

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