Retailers Run Out of iPad 2 Tablets

Apple has sold around one million iPad 2 tablet devices in the United States in only one weekend, a record that exceeds that set by the original iPad tablet in April 2010. Many retailers reported running out of the gadget just minutes after sales began. The development is even more impressive considering the fact that most industry experts predicted sales within the region of 350,000 to 400,000 in its first weekend on sale.

According to Global Equities Research, around 60% of buyers are existing iPad owners, while 40% are first-time buyers. As buyers around the world, i.e. 26 countries including Mexico, New Zealand, United Kingdom and several European countries, wait for sales in their respective countries to begin on March 25, it remains to be seen whether the overall sale of the iPad 2 will exceed that of the original iPad which sold over 15 million in its first nine months, including 7.3 million to Christmas shoppers in the last quarter of 2010.

Talking Point

Will you buy the iPad 2 if/when it goes on sale in your area?