5 ms·

Apple Sold 120,000 iPads Yesterday; Made $75m in 19 hours

11 points by kloncks 17y ago

kloncks 17y ago
My favorite quote in there: "Apple has been able to generate over $75 million in revenue in one day on a product that 99.9% of purchasers haven't touched or for that matter, even seen in person," said Victor Castroll, an analyst with Valcent Financial Group.
jacquesm 17y ago
That's approximately 1.5 ipads per second, let's hope they live up to expectations. It's on par with the iphone, which sold 128,000 units on the first day. It will be interesting to see if the curve remains consistent with iphone sales over time.
- kloncks 17y ago
  Those 128,000 people got to play with an iPhone before making the purchase though. For me and everyone who's pre-ordering, we're simply buying blind and trusting Steve. That's pretty amazing in my opinion.
  - jacquesm 17y ago
    > That's pretty amazing in my opinion. It is. Being 'second best' is usually the best position to be in when dealing with new tech, invariably there are kinks to be worked out. I think after the imac, ipod and iphone experience Apple has created a solid following that has forgotten about things like the 'lisa', the 'newton' and the 'macintosh portable' and the 'pipin' or whatever that game computer was called.
    - Gmo 17y ago
      I think it was pippin with 2 p :)
      - jacquesm 17y ago
        Ah, yes, you're right, that was it! No wonder I couldn't find it in google :)
Auzy 17y ago
Well, technically they haven't made $75million in 19hours. It is estimated that they did. If you read it, they are basing the numbers on Apple Online store numbers which is accurate enough to boost stocks if you own them, but woefully inaccurate otherwise (because you don't actually know what percentage of sales are iPad sales). It means even less when there is no comparison with competing devices). Finally, its pre-orders which means less, because the percentage of people who preorder a device, depends on the device.. I personally believe iPad sales will be slow, at least until WWDC and people know where the embedded OS is going..

11 points by kloncks 17y ago

My favorite quote in there: "Apple has been able to generate over $75 million in revenue in one day on a product that 99.9% of purchasers haven't touched or for that matter, even seen in person," said Victor Castroll, an analyst with Valcent Financial Group.

jacquesm 17y ago

That's approximately 1.5 ipads per second, let's hope they live up to expectations. It's on par with the iphone, which sold 128,000 units on the first day. It will be interesting to see if the curve remains consistent with iphone sales over time.

kloncks 17y ago
Those 128,000 people got to play with an iPhone before making the purchase though. For me and everyone who's pre-ordering, we're simply buying blind and trusting Steve. That's pretty amazing in my opinion.
- jacquesm 17y ago
  > That's pretty amazing in my opinion. It is. Being 'second best' is usually the best position to be in when dealing with new tech, invariably there are kinks to be worked out. I think after the imac, ipod and iphone experience Apple has created a solid following that has forgotten about things like the 'lisa', the 'newton' and the 'macintosh portable' and the 'pipin' or whatever that game computer was called.
  - Gmo 17y ago
    I think it was pippin with 2 p :)
    - jacquesm 17y ago
      Ah, yes, you're right, that was it! No wonder I couldn't find it in google :)

Auzy 17y ago

Well, technically they haven't made $75million in 19hours. It is estimated that they did. If you read it, they are basing the numbers on Apple Online store numbers which is accurate enough to boost stocks if you own them, but woefully inaccurate otherwise (because you don't actually know what percentage of sales are iPad sales). It means even less when there is no comparison with competing devices). Finally, its pre-orders which means less, because the percentage of people who preorder a device, depends on the device.. I personally believe iPad sales will be slow, at least until WWDC and people know where the embedded OS is going..