Sterne Agee analyst Shaw Wu has raised estimates on AAPL in a note sent to investors following the announcement of the March 7th press event for the new iPad. Calling the update "significant," Wu adjusted both estimates and price targets for Apple stock, saying he is now confident that the company will sell 55 million units in calendar 2012, up from 51 million. He did not change his outlook for the current quarter, estimating just 10 million iPads sold.
