Apple Expected to Sell at Least 1 Million iPads on Launch Day

It has been less than a week since Apple announced the new iPad, and is already seeing tremendous demand. Just yesterday, we reported that the demand for the new iPad is “off the charts”. Now it is predicted that Friday’s iPad launch will be another huge hit for Apple, with one analysis predicting that the company will sell at least one million on the first day alone.

Analyst Gene Munster with Piper Jaffray said in a note to investors on Monday that he expects Apple will sell more than a million iPads on Friday when the new model hits shelves. Remember, one million in addition to the pre-orders Apple has received already. When was the last time such a number was predicted for any other tablet on the market? Specifically Android tablets. This would be a significant positive for the company, which may have seen iPad sales slow down after the holidays in anticipation of a new model.

Back in 2010, Apple sold more than 300,000 iPads on the first-generation product’s launch day. However, since the supply for the iPad 2 was tight, Apple did not reveal launch-day figure. Anyhow, that’s impressive for just a “bigger iPhone”, you know. So much for the people that said this device wouldn’t sell!

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