iPad 2 Will Sell Briskly
Wednesday, March 9, 2011 at 6:39AM The race is on.
Apple's iPad 2 will sell 1 million units faster than the 28 days it took the first-generation iPad to sell because the new tablet is available from more stores, according to one tech analyst.
Piper Jaffray analyst Gene Munster said in a March 8 research note that initial demand for iPad 2 will be strong but said the increased distribution points will mean shorter lines at Apple retail stores than there were for the inaugural iPad that sold 15 million units last year.
Apple launched the original iPad at 221 U.S. Apple retail stores and most of the 1,100 U.S. Best Buy stores on April 3, 2010.
Apple March 11 will sell the iPad 2 at 236 U.S. retail stores and in more than 10,000 other stores, including AT&T and Verizon Wireless stores, as well as retailers Target, Best Buy and Walmart in the United States. Assuming the weather is good and Apple fans come out to shop, the iPad 2 should enjoy a solid opening weekend this Friday.
The iPad 2, which is thinner, a little lighter, and faster than its predecessor and includes dual cameras for video chat via Apple's FaceTime application, is expected to hamper Xoom sales because it is priced the exact same way the first iPads were priced. The base WiFi version costs $499, and the 16GB WiFi+3G version is priced at $629.
By comparison, the Xoom costs $799, off contract ($599 for a two-year Verizon data deal), or $70 more than Apple's comparable, 32GB WiFi+3G iPad and iPad 2.
