New iPad Release Day Stock Apparently Sold Out

The Apple Online Store is now reporting a March 19th Delivery date for the New iPad.  The New iPad or iPad 3 was introduced this week in an event in San Francisco.  While the pricing of the units remained the same, the speed of the graphics in the machines was increased and the display changed to a Retina display allowing display of 2048 by 1536 pixel resolution.  Apple also installed 5 megapixel cameras in the new machines allowing 1080p HD Video recording at 30 frames per second.

While many speculated that stocks were low, no one expected the release event stocks to sell out in a matter of three days.  While this could mean that the New iPad is really popular and is selling well, it is more likely that the number of units Apple put forth for the release were in the 500,000 unit range.

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