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Apple Expected to Sell at Least 500,000 iPad 2s This Weekend

March 14th, 2011, 00:10 Posted By: wraggster

As the MMi crew and company join the broad Apple customer base today in anticipation of the iPad 2's arrival later today, there's no shortage of interesting projections emerging this afternoon with regard to just how big this debut weekend could be for Apple's second generation tablet.

Watching the stock ticker above my office door, shares of Apple are presently trading $4.49 higher @ $351.16 as both hype for Apple's new product and Wall Street expectations are certainly lighting a fire beneath the stock. Analyst Brian Marshall of Gleacher & Co. tells Bloomberg that more than 500,000 units of the iPad 2 will be sold this weekend, on its way to out-selling the original iPad, which only moved a relatively paltry 300,000 units in its debut one year ago.

Prominent Piper Jaffray analyst Gene Munster - who happens to have a largely positive track record predicting Apple product sales and subsequent earnings - says Apple will sell between 5 and 6 million iPad 2s during the... [Read More]

http://modmyi.com/forums/ipad-news/7...s-weekend.html

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Apple Expected to Sell at Least 500,000 iPad 2s This Weekend

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