New Apple iPad Launch-Day Estimate: 700,000 IPad Sold

The latest estimates for Apple iPad sales may surprise even the most optimistic Apple watchers: Piper Jaffray analyst Gene Munster, one of the few mainstream Apple analysts who bothers to count heads, puts the number at 600,000-700,000 this weekend, including pre-orders.

The Apple iPad queue on Fifth Ave, NY. Photo: PED

The latest estimates for Apple iPad sales may surprise even the most optimistic Apple watchers: Piper Jaffray analyst Gene Munster, one of the few mainstream Apple analysts who bothers to count heads, puts the number at 600,000-700,000 this weekend, including pre-orders.

By comparison, it took Apple more than 70 days to sell 1 million iPhones after the initial launch.

When the doors opened at the glass cube of New York’s Fifth Avenue store Saturday morning, there were 730 customers waiting to get in — more than showed up for the launch of either the iPhone 3GS (350) or the iPhone 3G (540).

In a report to clients issued Saturday night, Munster’s estimated that by midnight Sunday, Apple will have sold 600,000 to 700,000 iPads, including pre-orders — more than double his relatively conservative pre-launch estimate of 200,000 to 300,000. (Other analysts had published estimates of 300,000 to 400,000.)

The estimates were made after Munster’s team put in calls to Apple stores around the country, although it’s worth questioning how accurate that method might be. [via Mashable and Brainstorm Tech]

Share this article

We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Coinspeaker Ltd.