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iPad WiFi + 3G - Units sold out in most stores
During the weekend scheduled for the launch of the iPad WiFi + 3G, the sales were estimated at 300.000 unites by Gene Munster, a Piper Jaffray’s analyst. A similar number to the iPad WiFi sold at the beginning of April.
Apple has reported that the stocks for both iPad models were sold out in many stores. When called on Sunday, 49 out of 50 stores said the iPad WiFi + 3G were sold out, and in some cases, even the iPad WiFi. This, according to Munster, is also due to the lack of supplies on the iPad and the slow manufacturing line as well.
The delay in the launch of the iPad in Europe and all over the world was indeed due to these reasons. Munster also analyses the impact of these sales on the market:
“Near-term, this may put downward pressure on launch day/weekend statistics, but long-term we see it as a positive, as consumers are definitely interested in the iPad as a new category,” Munster wrote. “In the first several quarters, we believe Apple will sell about 60% wi-fi only iPads and 40% 3G models.”
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