Apple Expected To Sell Up To 8.8m iPad & iPad 2 In Q1 2011

A survey amongst 30 industry analysts carried out by Fortune showed that Wall Street expects to Apple to sell between five and 8.8 million iPad and iPad 2 in the first quarter of 2011, averaging more than six million.

More than 7.3 million iPad were sold during its fiscal 2011 first quarter ended December 25, 2010 and anything less than that in the present quarter would be seen as a disappointment and a major setback in Apple's reported aim to sell 40 million iPad & iPad 2 in 2011.

Philip Elmer-DeWitt backs an analysis from Horace Dediu who says that supply, rather than demand, will dictate how much iPad devices Aplpe will sell during the current quarter.

Demand for the Apple iPad 2 is at least as strong as for the original iPad given the queues formed outside stores selling the "magical" device, both for Apple and third party retailers.

Ditto for the four weeks you will have to wait to get your hands on one even if you order it now. A quick survey of the main online retailers in the United Kingdom showed that many of the bigger ones have run out of iPad 2 already with incoming stocks likely to be shipped as they arrive.

Only Kesa-owned Comet seems to have enough stock at the moment, ready to be shipped next day. For an updated list on who is selling the iPad 2 in the UK, click here.