According to Piper Jaffray analyst Gene Munster, in most of Apple's retail stores in the U.S. the iPad is either sold-out or in very limited supply, especially the 3G model.
Furthermore, Apple's online store now lists that iPad is shipping in 7-10 days (previously it was 5-7) days, which also indicates that Apple is selling more iPads than it anticipated.
“Seventy-four percent of the stores we checked were completely sold out of all iPad models, 26 percent had some WiFi models in stock, and no stores had any 3G models available,” Munster claims.
iPad sales have been phenomenal from the very beginning. Earlier this month, Apple announced it had sold one million iPads. On May 28, iPad is slated to begin shipping in European countries. The question is: Will Apple have enough iPads to satisfy the demand?