Report: 1 Million iPad 2's Sold During Launch Weekend
March 14, 2011 2:16 PM
comment(s) - last by
Sells ten times faster than the original iPad
, 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
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."
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
3/14/2011 7:39:13 PM
Netbooks didn't really die, manufacturers just shifted them into something they weren't supposed to be. The first netbooks ran a simplified OS which quickly gave you access to a few primary apps (web browser, email, IM, photo and video viewer, etc - sound familiar?).
Then Microsoft and Intel got into the game and steered them towards full-featured mini-laptops which ran Windows. They basically abandoned the market for a low-end device with "a simplified OS which quickly gave you access to a few primary apps" device. For a time the closest thing to filling that hole was the Blackberry, but it was too small and limited. The iPad filled that market hole nicely when it was introduced.
Like I've been saying since before the iPad was introduced, there is a market for this type of simple device. Netbooks originally filled it, but then abandoned it to run Windows. Now tablets are filling it. It doesn't have to be an iPad or an Android 3.0 tablet which fills it. But
has to fill it because there's clearly demand for it, despite all the big manufacturers and technophiles wishing there wasn't.
RE: Will never catch on
3/18/2011 11:03:29 AM
Agreed. This iPad vs. netbook debate could be
be equated to the (non-existant) iOS vs. OSX debate seeing as the iPad runs iOS and netbooks run full OSs like OSX (e.g. Air). OSX pwns iOS. Fact.
<valley girl voice>Umm...yeah like the iPad is better than OSX because it has apps, yeah. Duh!</vgv>
You can't run OSX on the iPad. This is the basis of why I think this iPad craze is a fad to great extent. I'm not saying that people are wasting their money or what not, but that give it a couple years when Windows or Ubuntu (or even OSX) is running on every tablet (which BTW has been going on for many years, albeit with limited demand) and then people will wonder why they thought the oversized iPhone was a revolution in the tech sector.
I'm still wondering why Applephiles aren't touting Jobs' other creation, the Air, as a game changer like they do with everything else. And then there are other devices that get no play whatsoever. Even Apple devices like the Magic Trackpad (which works great with Ubuntu I hear).
"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer
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