According to Businessweek today, many of the people waiting on line for iPad 2s were people heading off to the gray market to make a sale.

For those in the US and abroad, the biggest gray market is eBay where iPad 2s are going as high as $4000.

There seems to be something wrong with Apple’s distribution strategy, though it doesn’t immediately seem like anything can be done.

  • Shipping delays suggest high demand, but will iPad 2 sell out faster than the original? (9to5mac.com)
  • iPad 2 shipping times extend to over a week (9to5mac.com)
  • Apple facing iPad 2 shortages, poor retail launch planning (9to5mac.com)
  • iPad 2 shipment times jump to 3-4 weeks at Apple’s online store (9to5mac.com)