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Estimate: Initial iPad Sales Strong

Based on a sampling, CNN is estimating the total product sales at Apple's online store to be about 125,000 on Friday. "Once you subtract the average sales of 16,500 and multiply by the average number of iPads bought, you come up with just shy of 120,000 iPads sold," concludes Fast Company. "It's an estimate, sure, but a conservative one, and that number is reasonable."

The estimates are based on a sample of iPad and other Apple product purchasers taken by CNN. It would also appear as though all three versions of the iPad (16GB, 32GB, and 64GB) sold equally, while most consumers -- 70% -- opted for the Wi-Fi-only model, compared to the 30% who chose the 3G model. Fast Company also notes that the 3G model is expected to ship after the Wi-Fi-only iPads, would likely influenced consumers anxious to show off their new toys.

Read the whole story at Fast Company »

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