Apple iPad 2 Sales Close to 1M Units in First Weekend

(Reuters) – Analysts expect Apple Inc to have sold close to a million iPad 2 tablet computers on its debut weekend — significantly more than the first iPad, which went on sale last April.

"We would not be surprised to
see Apple sell closer to 1 million iPad2s in the opening weekend," said
Wedbush Securities analyst Scott Sutherland.

Best Buy on Friday said some of its outlets ran out of the tablet and its accessories within 10 minutes.

Global
Equities Research analyst Trip Chowdhry estimates Apple may have sold
three times more iPad 2 in the first two days compared to the previous
version.

Most analysts had projected sales of 350,000 to 400,000 iPads in its debut weekend.

The
profile of iPad 2 buyer is — 60 percent existing iPad owners, about 40
percent first time iPad buyers, 100 percent own at-least One Apple
Product, Chowdhry wrote.

People prefer AT&T’s iPad 2 over Verizon’s because AT&T has better customer service, Chowdhry added.

(Reporting by Jennifer Robin Raj; Editing by Saumyadeb Chakrabarty)

 

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