3 Million iPads Sold During Weekend Debut
March 20, 2012

3 Million iPads Sold During Weekend Debut

Apple announced on Monday that it had sold three million of its new iPad devices over its debut weekend.

The iPad went on sale in 10 countries on Friday, and will be available in 24 more countries through Apple's online store starting this Friday, March 23.

“The new iPad is a blockbuster with three million sold“•the strongest iPad launch yet,” Philip Schiller, Apple´s senior vice president of Worldwide Marketing, said in a statement. “Customers are loving the incredible new features of iPad, including the stunning Retina display, and we can't wait to get it into the hands of even more customers around the world this Friday.”

The new iPad features Apple's "Retina" display screen, as well as an A5X chip with quad-core graphics.  The device also is capable of getting on 4G LTE networks in the U.S. and Canada.

Gene Munster of Piper Jaffray told Forbes that Apple could sell as many as 66 million iPads in 2012.  Other analysts are predicting about 60 million iPads to be sold.

Apple did not discontinue the iPad 2, but instead is offering it at a smaller price of $399, which is $100 less than the new iPad starting price.

The research firm IDC said that Apple is holding on to 54.7 percent of the worldwide market share for tablet computers in the fourth quarter.  This number was down from its 61.5 percent market share in the third quarter.

UBS analyst Maynard Um wrote in a note to investors that Apple could sale as many as 12 million of the new iPads in the first quarter.

As tradition goes, when a new product is announced by Apple, flaws are pointed out.  This time, people claim the new iPad runs about 10-degrees hotter than the iPad 2.

Tweakers.net took thermal images with an infrared camera of both the iPad 2 and the new iPad, revealing the 10-degree difference in the two.

Apple responded to the reports by saying the new iPad meets its thermal specifications.

“The new iPad delivers a stunning Retina display, A5X chip, support for 4G LTE plus 10 hours of battery life, all while operating well within our thermal specifications,” Apple representative Trudy Muller, told The Loop. “If customers have any concerns they should contact AppleCare.”

IPad shipment time for Apple's Online Store shows the availability of the new iPad has improved to 1 to 2 weeks.  On Monday, shipments showed the iPad would ship in 2 to 3 weeks.

Customers are also seeing the new iPad readily available in retail stores throughout the U.S., which suggest Apple has done a better job at preparing for demand of the latest tablet.