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  • iPad 2 Completely Sold Out, Everywhere


    The iPad 2, released on Friday, apparently sold out of every store in the United States by Saturday. That's what Piper Jaffray analyst Gene Munster learned from a survey he did of retailers across the country this weekend, and what's being confirmed by Deutsche Bank analysts this morning. Munster estimates something between 400,000 and 500,000 iPad 2s were sold this weekend, as compared to 300,000 original iPads sold on the opening weekend last year. Other analysts put the initial sales at closer to a million.

    Munster's team called a number of retailers such as Apple stores, Target, Best Buy, and found no stock of iPad 2 anywhere they checked. They also walked up and down lines in New York City and Minneapolis and interviewed 236 would-be buyers to profile who was buying the new tablet. In addition to large sales to existing iPad owners, they found about 70 percent of people in those lines were getting their first tablet. 47% of them got a 3G model, and 41% bought the 32 GB iPad 2, an increase from the 32% who had gotten the 32 GB first-generation iPad, and that 64 GB models also sold better than before. This may have been driven by availability: Fortune reports that many Apple stores ran out of 16 GB iPads first, and 32 GB models. "iPads are sold out across virtually all channels," said Munster, adding that his team was "unable to find any availability." Munster now believes that sales could exceed his earlier prediction of 5.5 million iPad 2s in this quarter.

    DeutscheBank did its own survey this morning, and found exactly zero iPad 2s at any of the 50 Apple retail stores, 20 Best Buy and Wal-Mart stores as well as AT&T and Verizon stores they called. The financial research firm Wedbush Securities, meanwhile, estimates even higher total sales than Munster. "We would not be surprised to see Apple sell closer to 1 million iPad 2s in the opening weekend," said analyst Scott Sutherland.

    Source: Fortune
    This article was originally published in forum thread: iPad 2 Completely Sold Out, Everywhere started by Paul Daniel Ash View original post
    Comments 72 Comments
    1. RICO_'s Avatar
      RICO_ -
      Quote Originally Posted by mmaboi21 View Post
      Good thing I got mine
      Yes it is a good thing.....or you may have had to wait an extra 4 days or maybe **GASP** another 1 or 2 weeks! That's just outrageous.

      Because we all know Apple lovers must have their stuff on launch day otherwise they end up putting a bullet through their head.
    1. JoeC21's Avatar
      JoeC21 -
      Ordered/reserved mine today with the best buy deposit method, i'll update you guys when i get the ipad 2 so we have a rough estimate of how long it takes. Apparently i'm 3rd in line!
    1. Janet55's Avatar
      Janet55 -
      Yeah, yesterday just read that "Apple could sell 600,000 iPad 2s in first weekend", Awesome!
      But I don't consider to buy an iPad 2.
      Right, the iPad 2 is slimmer, lighter, but except the iMovie and Garageband are great upgrade, think about with iMovie maybe I don't need the iFunia video converter to do my video converting and editing~ It doesn't have any more excitings to me, no SD slot, no Retina display, and no Gorilla glass, no surprise...
      I think I would like to stick with the 1gen iPad and wait for iPad 3 too
    1. seamariners85's Avatar
      seamariners85 -
      I will do the same JoeC. I'm 6th in line for one of my 7 preorders, not sure about the others. Can't wait to get that call.
    1. The Craetor's Avatar
      The Craetor -
      If they get sold out during the first weekend, I wonder how they will keep up the sales worldwide.
    1. RICO_'s Avatar
      RICO_ -
      Quote Originally Posted by The Craetor View Post
      If they get sold out during the first weekend, I wonder how they will keep up the sales worldwide.
      They don't have to keep up with anything. People will wait.
    1. unison999's Avatar
      unison999 -
      Quote Originally Posted by The Craetor View Post
      If they get sold out during the first weekend, I wonder how they will keep up the sales worldwide.
      Apple marketing do not want Apple to keep up with demand, just to create an aritificial higher demand for the product. And because of the limited number of device released, it will be sold out fairly quickly. That is what all these companies do now.
      Usually there would be more talk about Apple iPad2 launch, because of Japan Earthquake I did not see much news on it. Thank god the news have more important thing to show than some tech device sales figure, just a bit sorry that it has to be a disaster to kill Apple's story.
      I wonder how much it took away from Apple's iPad2 steam because of this disaster, not as much talk about the device so not as much interest generated.
    1. jsweeney800's Avatar
      jsweeney800 -
      I really think their is no new features worth the upgrade to the iPad 2. I know the dual core processor and the double ram. But that does not matter unless it's slow.
    1. mikerlx's Avatar
      mikerlx -
      Quote Originally Posted by jsweeney800 View Post
      I really think their is no new features worth the upgrade to the iPad 2. I know the dual core processor and the double ram. But that does not matter unless it's slow.
      True, I ordered anyway. apple basically recreated the tablet standard ur a winner with iPad or iPad 2. Your a winner with either iPad models.



      Sent from my iPhone using ModMyi
    1. randyg734's Avatar
      randyg734 -
      I wouldn't say sold out but pickings are slim if u find one , I bought mine yesterday . A 16gb 3G Verizon edition . Didn't want Verizon but hey it's not as bad as I thought , with postpaid data package 5gb for 50 bucks
    1. juan_carlos__007's Avatar
      juan_carlos__007 -
      I have an extra black ipad 2 16 gb wifi only, if anybody interested in buying it pm me your offers.
    1. The Craetor's Avatar
      The Craetor -
      Quote Originally Posted by RICO_ View Post
      They don't have to keep up with anything. People will wait.
      Oh yeah good point : )