iPad 2 Sold Out, 70% Went to New Buyers [REPORT]

The iPad 2 is sold out, according to Piper Jaffray analyst Gene Munster and his team, which surveyed Apple retail stores over the weekend.

Munster estimates Apple sold 400,000 to 500,000 iPad 2s, which would mean the device has fared better than the original iPad, 300,000 of which were sold in its opening weekend.

Take these numbers with a grain of salt. In his report in April 2010, Gene Munster severely overestimated original iPad's sales, putting the number at 600,000 to 700,000. Historically, for big product launches such as this one, Apple has always shared opening weekend sales numbers, and we can probably expect to see the official numbers in a day or two.

Munster's team also surveyed 236 buyers waiting in line for the iPad 2, 70% of which turned out to be new to the device; 51% of the buyers were Mac users, while 49% were PC users. Furthermore, 65% of the buyers owned an iPhone, and 24% owned a Kindle, but only 6% of users plan to read with the iPad 2. These percentages indicate the iPad is truly carving a niche of its own. It's not perceived as an e-reader and it's not too closely tied to Apple's product ecosystem.

Have you bought an iPad 2? How do you like the device? Please, share your opinions in the comments.