As you will be aware, just as expected the new iPad was in huge demand and sold out Pre orders within 24 hours. The trend followed on the release day last Friday when queues were forming outside practically every apple store. The devices flew off of the shelves and are now pretty much unattainable straight from Apple.

In the conference call this morning with Tim Cook that was based on their plans for Apple’s huge cash reserves, the CEO was also asked about initial first week sales of the New iPad. Although he did not provide any figures, Cook did note that “We had a record weekend (for iPad), and … Read the rest