Apple Sold 600,000 to 700,000 iPads on Saturday?

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Posted April 4, 2010 at 4:57pm by iClarified

Piper Jaffray analyst Gene Munster has estimated that Apple sold between 600-700k iPads, revised from his earlier prediction of 200-300k.

“We estimate Apple sold between 600-700k iPads (including online pre-orders which started on March 12th) on the first day (4/3),” he wrote. “It took Apple three days to sell a million iPhone 3GS and iPhone 3G’s, and 74 days to sell 1m original iPhones.”

Munster believes that Apple may have freed up some early inventory by pushing some iPad pre-order shipments to April 12.

“As of 7:30PM ET on Saturday night (4/3), 19 of 20 stores we called still had availability of all models, which is a positive for first day sales given Apple was able to fulfill most demand,” Munster wrote.

“In addition, we noted longer than expected lines at the five Apple stores we surveyed. For example, at the 5th Ave Store in New York we counted 730 people in line at 9am (when iPad sales began) compared to our count of 350 people for iPhone 3GS, and 540 people for iPhone 3G.”

[via Digital Daily]

Apple Sold 600,000 to 700,000 iPads on Saturday?

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yiyopr - April 4, 2010 at 7:23pm

And peopla said this thing would never sell!!! Ha

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Tony - April 5, 2010 at 12:41am

yah right, lol.. and when i got my 3Gs i was like 150th in line from opening and only waited in line for like 20 min. the sales fly at the apple store.

JooJoo - April 5, 2010 at 10:11am

Looks like Piper Jaffray analyst Gene Munster should have stuck to his first estimate. Apple announced they sold 300,000 today. BTW, who said this was not going to sell? Anything apple puts their logo on sells. Although it will be interesting how the iPad does with people that do not currently own an apple product. I read the majority of the users that purchased an iPad on Saturday already owned another apple product.