Apple has updated its online store this morning to show the fourth-generation iPad is now shipping in 3 – 5 business days. Earlier this week, the 10-inch device was at a week shipping time.

The iPad mini is still sitting at two weeks for all models and has sold out at many stores around the world.

FYI: Target is offeringfree $40 Target gift card with the purchase of a full size iPad. This deal appears to even be valid on iPad 2, bringing the effective cost down to $359.99. Deal is not valid on iPad Mini. The free gift card will automatically be added to your shopping cart with the iPad.

Thanks, Alex Allegro!