The Iphone Blog

Following reports of 120,000 pre-orders on day 1, the same group of investors believe that sales dropped dramatically after the first day. On Saturday and Sunday, they calculate pre-orders as clocking in at around 1,000 per hour—a far cry from the 25,000 an hour from when the orders started. These estimates are based on a sample of 120 orders for 137 iPads over the course of 39 hours. Over 72 hours, they’re pegging the orders (not counting in-store pickups) as 152,000, with a probably half-million by launch.

“My best guess, although very tentative given the early stage and few data we have so far, would be that they hit the 1 million unit milestone by the second week after it ships,” says Daniel Tello, the Venezuelan blogger-analyst who crunched all the numbers.

[via CNN]

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