iPad pre-orders total 120,000 on day one, estimates AAPL Sanity

iPad pre-orders total 120,000 on day one, estimates AAPL Sanity
With iPad pre-orders having kicked off on Friday, Investor Village's AAPL Sanity board has claimed an estimated 120,000 iPads were sold during the device's first 19.5 hours on sale.

The figure is taken from a sample of 99 orders for 110 iPads taken by the board, units that were merely reserved rather than sold not included in the statistics.

As a result, AAPL Sanity's calculations conclude that 119,987 units were picked up by those placing pre-orders on day one, with the cheaper 3G-only units making up 69 per cent of all of the sales.

More interestingly, however, the split between the 16GB, 32GB, and 64GB variants was roughly even.


AAPL Sanity believes both the higher end 64GB unit and lower-end 16GB unit each accounted for 33 per cent of all orders, 32 per cent picking up the 32GB unit.

"Apple has been able to generate over $75 million in revenue in one day on a product that 99.9 percent of purchasers haven't touched or for that matter, even seen in person," said Valcent Financial Group analyst and AAPL Sanity member, Victor Castroll.

"And, we're still three weeks away. That is amazing."

Apple's iPad is due to go on full sale in the US on April 3rd, its UK debut expected later the same month.

Brainstorm Tech

With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.


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