Apple sold close to 1 million units of its next-generation tablet computer during its debut weekend, analysts estimated.
By comparison, the original version of the iPad, which launched in April of 2010, crossed the one-million mark 28 days after its launch.
Apple shares rose [AAPL 353.56 1.57 (+0.45%) ] on the Nasdaq, even as shares of many other technology companies slumped. The Nasdaq was down 0.7 percent.
The iPad 2 went on sale in the United States on Friday evening at Apple stores, AT&T [T 28.19 -0.27 (-0.95%) ] and Verizon Wireless outlets, as well as Target [TGT 51.07 -0.46 (-0.89%) ], Wal-Mart [AAPL 353.56 1.57 (+0.45%) ] and Best Buy [bBY 31.64 0.12 (+0.38%) ] stores, greeted by thousands of eager customers Ticonderoga Securities analyst Brian White said it was difficult to find an iPad 2 over the weekend.
"Our field checks over the weekend indicate that the iPad 2 sold out at every Apple and non-Apple store we contacted," White wrote in a research note. "In fact, all the stores had worked through iPad 2 inventory by Saturday afternoon, and there were no new iPad 2 deliveries on Sunday."
Wedbush Securities analyst Scott Sutherland said: "We would not be surprised to see Apple sell closer to 1 million iPad 2's in the opening weekend."
Best Buy on Friday said some of its outlets ran out of the tablet and its accessories within 10 minutes.