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.
This article is over a month old, voting and posting comments is disabled
RE: The smart cover crushed the rival tablets
3/15/2011 5:00:32 PM
I guess L. Ron Hubbard was right...the best way to make a fortune is to start your own religion. All you need is a willing flock with more money than sense.
"Folks that want porn can buy an Android phone." -- Steve Jobs
Apple iPad 2 Reviews Hit the Web
March 9, 2011, 9:00 PM
IPad 2's Thinness Takes Android Tablet Maker Samsung by Surprise
March 4, 2011, 10:11 AM
Tablets Cutting Into PC Demand
March 4, 2011, 12:48 PM
Reviews: Motorola Xoom is True iPad Competiter But is Expensive, Buggy
February 24, 2011, 10:14 AM
AT&T CEO Says Carriers Can No Longer Foot the Bill for High-End, Subsidized Smartphones
December 11, 2013, 10:55 AM
IPotty and iPad Tot Seat Ignite Controversy: Brilliant or "Destructive"?
December 10, 2013, 6:22 PM
Quick Note: Sleek White Second-Gen Nexus 7 Goes on Sale for $269
December 10, 2013, 4:55 PM
Illinois Considers Ban on Google Glass While Driving
December 10, 2013, 10:21 AM
EU to Nokia: Don't Even Think About Becoming a Patent Troll
December 9, 2013, 10:29 AM
Apple's "iBeacon" Tracks Customers Inside Apple Stores for Enhanced Shopping Experience
December 6, 2013, 11:26 AM
Most Popular Articles
Experts: Masturbation Prevents Cancer, Diabetes, Insomnia, and Depression
December 6, 2013, 2:01 PM
Hackers Nab 2 Million Login Credentials from Facebook, Gmail, Twitter
December 5, 2013, 1:00 PM
Thieves Steal Truck with Cobalt-60 Onboard in Mexico, Will Die "Without a Doubt" from Exposure
December 5, 2013, 12:04 PM
Man Arrested for Using 5 Cents Worth of Electricity to Charge Nissan Leaf at Middle School
December 4, 2013, 8:00 PM
U.S. Navy Fires "XFC" Drone from Underwater Submarine
December 6, 2013, 2:35 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information