Over 600,000 iPad 2 Devices Expected To Sell Over The Weekend

Posted Mar 11, 2011

About 600,000 units of the Apple Inc. (NASDAQ:AAPL) iPad 2 is expected to sell during the opening weekend. On the opening day of the original iPad, about 300,000 units were sold. The expected sales number was predicted by Gleacher & Co. analyst Brian Marshall. According to Rodman & Renshaw analyst Ashok Kumar, Apple is expected to sell over 35 million tablets over the next year. During this fiscal year, the iPad is expected to make Apple about $16.3 billion in revenues for the company. [Bloomberg]