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1 million new iPads on the first day of launch? Analysts think so

The latest version of iPad with the new Retina Display is expected to sell around 1 million units on the first day of its release


The earlier models of Apple iPads were a great hit in the stores from the very first day. The same response from the consumers is expected this time by most of the Analysts. As for instance, Gene Munster, an analyst at Piper Jaffray & Co., believes that Apple will sell more than a million iPads on the first day of its release.

If this estimation stands correct then it will be more than three times the number of what the original iPad sold on Day One in 2010. The original iPad took about one month to sell its first 1 million tablets. Even last year, when the iPad 2 was released in the market, it took several days to pass the 1million mark.

The firm has already sold out the iPads that were available for online pre-orders and it seems like the customers will have to wait for two or three weeks, for their device to arrive if it is being ordered now. There is another option for the consumers, as they can get one of these devices in the Apple stores which will start selling the devices from Friday. Most probably the consumers will have to get into long lines that even in the wee hours of the morning to get hand to one of those devices.

Apple’s iPad can be called as the fastest growing category in terms of sales, as they have reported to be moving ahead from 3.2 million in the first quarter to around 15.43 million units in the recent quarters. It seems to have become much popular than the Apple’s iPhone which is Apple’s best-selling product. 



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Pallab Jyotee Hazarika, 2012-03-14 (Update: 2012-05-26)