Sunday, March 27, 2011

Apple iPad 2 launches in Canada (NASDAQ: AAPL)

Apple (NASDAQ: AAPL) launched the iPad 2 in Canada this weekend. Lineups were extremely long, surpassing 300 people in some cities. Customers standing in line said that they wanted to get one right away so that they would not have to wait the 3-4 weeks like the people in the United States did after not getting an iPad. The iPad 2 is extremely scarce. Sellers on Amazon.com who have gotten their hands on the latest device have been selling the product for large premiums over the regular price.

Apple's supply shortage presents a high quality problem for the popular device. The iPad 2 doubled its predecessor's sales results from the first day of launch in the US.

To read the premium Apple report click here.

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