Skip to main content [aditude-amp id="stickyleaderboard" targeting='{"env":"staging","page_type":"article","post_id":248544,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,mobile,","session":"D"}']

Analyst: iPad 2 launch sales close to 1 million

Analyst: iPad 2 launch sales close to 1 million

ipad 2 coversForget the sales estimates of 600,000, Apple’s iPad 2 may have sold closer to 1 million units in its launch weekend, Reuters reports.

The figure comes from Scott Sutherland, an analyst at Wedbush Securities. To offer a comparison, the original iPad sold over 300,000 units in its first 24 hours.

[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":248544,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,mobile,","session":"D"}']

Over the weekend, Piper Jaffray analyst Gene Munster found that Apple likely sold out of its iPad 2 stock, with 70 percent of purchases going to buyers new to the iPad. And if you wanted an iPad 2 this weekend, you definitely had to buy it in stores, since online orders faced delays of three to four weeks.

Sutherland’s numbers are still far from official, but it wouldn’t be too surprising for Apple to sell so many iPad 2s. At the moment, it’s difficult to find the tablet in stock at any Apple, Verizon, or AT&T store. And as Reuters mentions, Best Buy said on Friday that some stores sold out of the iPad 2 and its accessories within a mere 10 minutes.

AI Weekly

The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.

Included with VentureBeat Insider and VentureBeat VIP memberships.

The iPad 2 went on sale at 5pm local time across the country last Friday. Reviewers, not surprisingly, generally had positive things to say about it, even though it’s not a revolutionary improvement over the first iPad.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More