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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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RE: Will never catch on
By Aloonatic on 3/14/2011 6:42:02 PM , Rating: 2
Yeah, I love my 11.6" Celeron sub notebook. The thing is, I've had it a year and there's nothing better out there for the same price. In fact, a similar machine now costs at least the same, if not more than it did a year ago? In deed, there used to be dual core alternatives available back when I bought this notebook, but not any more? Things have actually gone backwards, to a certain extent, here in the UK.

I'm looking forward to the see what AMD's Fusion SoC can bring to the party (coupled with a cheap SSD perhaps) but that's just me, and you (and probably most others here too). The thing is, people here go on about "full fledged" and "real" OSes etc, but the gen pop, out there in the rest of the world are increasingly getting used to being able to get what they want done on a device by simply jabbing at a screen.

Netbook/notebook PCs have stagnated in the last 12-18 months. Huge gains are being made in the tablet world, and they also have hte added onus of being quite fun to use. Not like the boring old PC that is just like the one that you have to use at the office.

"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997

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