Apple attributes delay to strong U.S. demand; skeptics speculate about supply chain issues
According to Apple, the company delivered more than 500,000 iPads during its first week and has taken a “large number” of pre-orders for the 3G models that ship later this month.
Apple claims demand for the device is “far higher” than it predicted, although it had never made public any unit sales predictions.
Before the iPad launched, reports attributed to Apple’s Asian suppliers suggested that the company had hit production snags that might reduce a planned build of 1 million iPads by April 3 to as few as 300,000. Apple was evidently able to build more than the smaller number, but it seems to have fallen short of the higher.
Apple closed Wednesday at $245.69, up 3.26 points (1.34%) to a new all-time high.
Below the fold: Apple’s statement in full.
Apple had initially planned to begin selling the iPad in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the U.K. before the end of April.
[Follow Philip Elmer-DeWitt on Twitter @philiped]