Apple Sells Out Of 3G iPads

Posted May 21, 2010

Apple Inc. (NASDAQ:AAPL) has sold out of 3G iPads. Analysts are predicting that about 2.5 million have been sold this quarter. Piper Jaffray analyst Gene Munster estimated that 74% of all Apple stores were sold out complete. About 26% of the stores had WiFi models on hand, but no 3Gs left. If you want an iPad, you can reserve one in the store and receive it 4-7 days later or order it online and get it 7-10 days later. [BI]