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March 11th, 2011 at 7:36 AM EST | by

Analysts: iPad 2 Sales May Reach 600,000 This Weekend

An analyst from Gleacher & Co. is saying Apple may sell up to 600,000 iPad 2s by the end of this weekend. Bloomberg posted an article this morning reporting that Gleacher & Co. analyst Brian Marshall thinks sales from the iPad 2 launch could double sales from the first-generation iPad launch. Apple sold 300,000 units last year on the first day iPad was available.

Another analyst weighs in:

The iPad line is the fastest-selling technology product in history, measured by revenue, said Tim Bajarin, an analyst at Creative Strategies Inc. In less than three months, it topped $2 billion — a milestone the iPhone took more than six quarters to reach. The second version has a head start on rivals, which are only now releasing their first models. It’s also benefiting from distribution through additional retail outlets.

“Apple has such a huge lead,” said Bajarin, who has covered the industry for more than 20 years and works as a technology consultant. He projects 500,000 units in two days. “Competitors are going to be chasing Apple for many years.”

More analysts are echoing enormous iPad 2 sales with Romand & Renshaw and Piper Jaffray & Co. joining sales expectations.




The increase in launch weekend sales this time around can be attributed to not only the iPad’s top notch technical features and sleek design, but to more retail and online stores carrying the device. Last year, only Apple sold iPad online for the first month or so. And only Apple and Best Buy sold the device on launch day.

 

Right off the bat, iPad 2 is being sold online on two websites, apple.com and att.com. Retail stores carrying iPad starting today include Apple stores, Best Buy, Walmart, Target, AT&T, and Verizon.

iPad 2 reviews are already showing up with almost everybody touting the tablet’s new features. The downside being mentioned by most, if not all reviewers – camera quality.

Want to buy the iPad 2 yourself? Check out our Buy iPad 2 page for details and more information.

    BodyGuardz - The Mother of All iPad 2 Protectors


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