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Apple: iPad 2 Demand Has Been Amazing - iPad in Canada Blog - Canada's #1 iPad Resource iPad in Canada Blog – Canada's #1 iPad Resource

Apple: iPad 2 Demand Has Been Amazing

by on March 14th, 2011

As reported by Fortune, after the launch weekend of the iPad 2 in the US, many analysts have estimated that Apple may have sold from 500,000 up to 1 million iPad 2 units.

Most analysts were cautious, fearing perhaps that whatever they wrote would soon be overtaken by an Apple (AAPL) press release. Most, like Piper Jaffray’s Gene Munster, stuck with 500,000 units. But Baird’s William Power estimated that Apple sold “roughly 1 million” the first weekend, Wedbush’s Scott Sutherland “wouldn’t be surprised” by that number and Global Equities Trip Chowdhry thought Apple “may have sold” three times as many iPad 2s as iPad 1s its first weekend, which amounts to the same thing.

The analyst estimates were fairly accurate, as experienced by iPad 2 buyers. Massive lines were created in-front of Apple Stores all weekend, as Apple Retail Stores were the only locations to have large amounts of inventory. Lines were shorter at other retailers such as Best Buy, Walmart, and Target, but those retailers sold out within minutes of their store openings.

While Apple Stores also sold out, many stores received daily shipments throughout the weekend, but the shipments were sporadic at best.

Apple has yet to announce specific iPad 2 sales numbers, but an Apple spokesperson did issue a statement to The Loop calling demand “amazing”.

“Demand for the next generation iPad 2 has been amazing,” Apple spokesperson Trudy Muller, told The Loop. “We are working hard to get iPad 2 into the hands of every customer who wants one as quickly as possible.”

If you are still looking for an iPad 2 in the US, most Apple Stores will receive inventory today, while others will receive inventory on Tuesday, with some locations opening early on Tuesday morning.

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