Already lining up for the new iPad

Apple stores in 10 countries, including the U.S., will be opening at 8 a.m. on Friday to accommodate the crowds. Several major retails, such as Best Buy, RadioShack, and Wal-Mart will be selling the tablet as well. From the WSJ:

The Cupertino, Calif., company said in recent days it had sold out of its allotment of iPad preorders, saying that interest among its customers was "off the charts." The company has since said new preorders would take about two to three weeks to ship to customers. Piper Jaffray forecasts Apple will sell more than a million new iPads on Friday, up from around 300,000 when the original iPad went on sale in April 2010. Several financial analysts are predicting sales of multiple millions over the first weekend.

By the way, Apple stock broke through the $600-a-share mark in today's trading before sliding back. It's now at $583.

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner

Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook