The total number of iPads sold for 2012 may approach - or possibly even top - 70 million units. At least that's the projection that comes to us this week from leading analyst Rob Cihra with Evercore Partners.

On Monday, reports surfaced that Cihra slashed his projected PC sales for 2012, adding that traditional computer sales will continue to drop and likely prove 4 percent lower for 2012 than they were in 2011. Cihra says the ongoing PC downfall is due to consumer preoccupation with tablets.

"PCs now need to compete both directly/functionally and more so