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Print 60 comment(s) - last by The Raven.. on Mar 18 at 11:03 AM

Sells ten times faster than the original iPad

According to Reuters, Apple's iPad 2 sold one million units in its launch weekend, surpassing the milestone almost 10 times as fast as its predecessor. 

The iPad 2 went on sale last Friday at Apple, Verizon, and AT&T stores, as well as Target, Wal-Mart, and Best Buy. Large crowds were reported across the United States, with more than 500 people queued up at Apple's flagship San Francisco store and roughly another 800 at its Manhattan location. The crowds even attracted gawkers.

"Our field checks over the weekend indicate that the iPad 2 sold out at every Apple and non-Apple store we contacted," Ticonderoga Securities analyst Brian White wrote in a research note. "In fact, all the stores had worked through iPad 2 inventory by Saturday afternoon, and there were no new iPad 2 deliveries on Sunday."

White told Reuters that the iPad 2 could potentially have sold one million units in its first weekend, a feat that took 28 days for the original when it hit the market last year. Wedbush Securities analyst Scott Sutherland echoed White's prediction.

With the launch, Apple appears to have secured its number one spot in the tablet market for the time being, cooling the momentum that tablets from other manufacturers such as Motorola and Samsung were beginning to gain.

Apple is expected to retain 61 percent of the lucrative tablet market for 2011, according J.P. Morgan analyst Mark Moscowitz. According to Moscowitz, other companies will have trouble attracting customers the way Apple has.

The iPad 2 is set to launch worldwide on March 25.


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ONLY?
By Da W on 3/14/2011 3:06:57 PM , Rating: 2
Only 1 million Apple fans?




RE: ONLY?
By Belard on 3/15/2011 3:06:27 AM , Rating: 2
Uh... no.

Thats in a day. They sold out. If they had 2 million units available over the weekend, they would have hit that mark.

I don't own ANY Apple products. I own a Galaxy phone.
This weekend, I played the Galaxy Tab and the iPad2. Both are $500.

The Galaxy Tab worked pretty much just like my phone, a bit crappy - but bigger, thicker.

We will be buying the iPad2 for business... it does have a market.
This is what MS failed to do since 2002 when they made the tablet version of XP.... total failure. Just like the DEAD ZUNE.

But I Windows7 Phone OS looks and works nicely. Give them thumbs up for that.


RE: ONLY?
By vision33r on 3/15/2011 10:07:29 AM , Rating: 2
Samsung makes terrible consumer products. Samsung phones are nicely designed but craps out easy and buggy as hell.

Samsung Galaxy Tab is over-priced and comes with crappy hardware. And good luck with software updates and support.

Samsung should just stick to making LCDs.


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