Tuesday, August 2, 2011 at 9:33 am.

iPad 2 supply and demand are finally in balance

Apple’s web store can now ship the iPad 2 in the U.S. and Canada “within 24 hours.” This suggests that supply and demand are finally in balance for the first time since Apple started shipping the new iPad in March, more than four months ago.

Eric Slivka at MacRumors has more context:

Apple’s online store shipping estimates for the iPad 2 quickly ballooned to 4-5 weeks just as the first deliveries of the device began back in mid-March. Estimates slowly dropped over the following months as Apple began to catch up with demand, finally moving to 3-5 business days just under a month ago and then 1-3 business days the following week.

Related: Just like that, the iPad is already bigger than the Mac