iPad 2 Sells Out Quickly

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The iPad 2 reportedly sold out after one day, to the shock of many industry members.

About a half million units sold to consumers, while the original iPad saw sales of about 300,000 units in a weekend. What’s notable is that the iPad 2 numbers were over a single day and the original iPad sales were over a weekend, as per Piper Jaffray estimates reported by Fortune.

iPad 2 sells out quicklySome analysts estimated weekend sales as high as one million units, said Reuters.

Piper Jaffray polled 236 people waiting on line to buy the iPad 2 and determined 70 percent were first time iPad buyers rather than people upgrading from the original Apple tablet.

Deutsche Bank’s Chris Whitmore also found stores were sold of the iPad 2 in what he terms a “shocking” sales pace, reported Fortune.

An Apple spokesman called the demand “amazing,” said The Wall Street Journal.

Source: Fortune, Reuters, The Wall Street Journal

Photo via Soundman Car Audio

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