Apple sells one millionth iPad

Apple announced today that on Friday the one millionth iPad was sold. The figure does not break out Wi-Fi vs. 3G iPads, yet the number is still staggering considering it only took 28 days. For the original iPhone, the million unit milestone was not hit until 74 days after release.

Apple also announced that iPad users had purchased 12 million apps and 1.5 million eBooks from its fledgling store. Friday was the release of the iPad 3G in the US; it's likely that this was the source of the final push that got Apple to the millionth unit. Those first-year sales projections from analysts are beginning to look a little conservative.

Although Apple has not provided any details on which iPad models make up that million-unit total, a very conservative assumption of a $550 average selling price (weighting heavily towards the cheapest 16GB Wi-Fi model) means the iPad has generated well over half a billion dollars in revenue already.

[h/t The Wall Street Journal]

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Source: http://www.apple.com/pr/library/2010/05/03ipad.html

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Apple announced today that on Friday the one millionth iPad was sold. The figure does not break out Wi-Fi vs. 3G iPads, yet the number is...

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akira

bleep

May 03 2010 at 7:34 PM Report abuse Permalink rate up rate down Reply

prestia_creative

Nice! How many do you think they'll have sold by the end of the year! (8-10 million)

May 03 2010 at 6:02 PM Report abuse Permalink rate up rate down Reply

Jason

Awesome News!

May 03 2010 at 5:24 PM Report abuse Permalink rate up rate down Reply

Buzz

The average price weighting of the per-unit sale is significantly off. The Most Popular version initially was the 32 GB option at $600/sale. Accessories add to that. The revenue stream from iPod-ness is easily over a billion bucks by now.

May 03 2010 at 11:17 AM Report abuse Permalink rate up rate down Reply

basscadet

Those estimates are not so conservative if you consider that most of the buyers right now are sworn apple fans and iPhone enthusiasts in general. Following the pre-launch hype, most Apple followers are poised to buy it without second thought, however it remains to be seen how many more will dig deep in their pockets for one (or even wait till a cheaper tablet comes from other manufacturers). There's also an international launch that has yet to arrive, and there will be considerable numbers sold there too. Nevertheless, it's a great start and it does bring a ton of cash + iTunes & AppStore subscriptions, I'm just reserved as to how it will penetrate deeply or just the ones that can afford such luxuries.

May 03 2010 at 11:08 AM Report abuse Permalink rate up rate down Reply

2 replies to basscadet's comment

JustinX

I do somewhat agree with you, but the million-dollar number was not the conservative number. The $550 was being conservative. The Cheapest iPad was $499.. The 64GB 3G was $829. If you are right and the first buyers were indeed entirely Apple enthusiasts... it could be fair to say they did NOT buy the cheapest iPad.

May 03 2010 at 12:00 PM Report abuse Permalink rate up rate down Reply

Rego

First you are optimistic, then pessimistic then optimistic?

Cut to the chase: how many iPads do you predict Apple will have sold, including the amount currently sold, by the end of 2011?

May 03 2010 at 1:13 PM Report abuse Permalink rate up rate down Reply