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"A snapshot of who&amp;#8217;s buying what based on a sample of first-day pre-orders\n\n  \nClick to enlarge. Source: AAPL Sanity\nThe team at Investor Village&amp;#8217;s AAPL Sanity board have completed their initial analysis of pre-orders for the iPad tablet computer.\nApple \n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tAAPL\n\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t began taking orders on Friday for delivery starting April 3.\nBased on a sampling of 99 orders (for 110 iPads) over 19.5 hours, and not counting units that were reserved but not ordered, the Sanity team estimates:\n\nNearly 120,000 iPads sold. Their math: 124,596 (orders of all Apple products Friday) minus 16,500 (the average number of online orders on a normal day) times 1.11 (the average number of iPads ordered per customer) equals 119,987 iPads.\nWi-Fi over Wi-Fi+3G. Customers preferred the cheaper (and available April 3) Wi-Fi-only iPad over the Wi-Fi plus 3G model (due out at the end of April) by roughly two to one.\n16, 32 and 64GB iPads are equally popular. Pre-orders were almost evenly split among the 16, 32 and 64 GB models, with a slight preference for the least-expensive 16 GB model, which starts at $499, and the most-expensive 64GB, which starts at $699 and can run as high as $829 (AT&amp;amp;T charges not included).\n\n\n&amp;#8220;Apple has been able to generate over $75 million in revenue in one day on a product that 99.9% of purchasers haven&amp;#8217;t touched or for that matter, even seen in person,&amp;#8221; said Victor Castroll, an analyst with Valcent Financial Group. &amp;#8220;And, we&amp;#8217;re still three weeks away. That is amazing.&amp;#8221;\nCastroll was one of two AAPL Sanity members who monitored the order numbers as they flowed in, but he credits Deagol &amp;#8212; a blogger-investor whose predictions of Apple&amp;#8217;s earnings are consistently more accurate than the Street&amp;#8217;s &amp;#8212; with doing the heaving lifting. You can follow Deagol&amp;#8217;s work at Deagol&amp;#8217;s AAPL Model.\nEstimates of the number of iPads Apple will have manufactured by April range from a high of 1 million to a low of 300,000.\nIf you want to contribute to the Sanity spreadsheet, send your information to ipadsales10@gmail.com. Include your order number with the last three digits Xed out, the number of iPads you ordered, the order time, time zone, memory capacity and whether your iPad is Wi-Fi only or Wi-Fi + 3G.\nSee also:\n\nApple sells 50,000 iPads in two hours\nThe wild iPad Ruckus begins\nHow many iPads will Apple sell? \n\n[Follow Philip Elmer-DeWitt on Twitter @philiped]"^^<http://www.w3.org/2001/XMLSchema#string>
<http://fortune.com/2010/03/13/day-1-estimate-120000-ipads-sold/>