Apple to Announce 1 Million iPads Sold Before Launch?

Analysts now believe that initial iPad pre-order estimates are conservatively low and Apple could even reach 1 million units sold before April 3rd, according to The Street.

Deagol's AAPL Model estimated that first day orders hit 120,000 units but dropped off dramatically to end the weekend with a total of about 152,000 Apple iPads sold.

"That number is low," says an industry analyst who asked not to be identified. The analyst has been independently monitoring the iPad sales data for clients and believes the current tally is conservative and actual iPad sales are significantly higher.


The Street notes that the Deagol numbers only include pre-orders for delivery and do not include pre-sales for store pickup.

Another analyst who is not authorized to speak about the iPad publicly says the enthusiasm is so strong that he expects Apple to announce it has sold 1 million or even 2 million iPads when the device becomes available on April 3.

The concern is that early adopters may be disappointed with the device; however, reviewers have pleased with the feel of the device. The functionality will be largely dependent on developers.

Read More