iPad Set to Take More Than 75% of the Tablet Market During the Holidays

Steve Jobs wasn’t exaggerating when he said that 2011 would be the year of the iPad 2.

With 11.1 million iPads sold in the most recent September quarter alone, Apple’s champion tablet is set to eat up over two-thirds of the market before the end of the year.
According to AllThingsD, Canaccord Genuity’s T. Michael Walkley says:

“We anticipate very strong sales of the iPad 2 for the holiday quarter, and we are modeling iPad units ramping from 11.1 million units in the September quarter to 14.0 million units in the December quarter.”

“While new entrants such as Amazon could disrupt the completive dynamics into holiday sales, we view low-priced 7-inch models as a threat to other Android OEMs rather than to the iPad,” he says. “As such, given our updated iPad estimates, we anticipate Apple will command roughly 65 percent of the tablet units sold into the channel during C2011. However, we believe Apple’s sell-through share of the tablet market will exceed 75 percent during C2011.”