iPad sales estimated to top 120,000 on first day

Whether the bloggers like it or not, it’s looking like the iPad is a hit. Initial estimates show that over 120,000 iPads were pre-ordered on friday, according to Investor Village. Some estimates showed roughly 50,000 devices ordered in the first two hours.

The numbers say some very interesting things about exactly which iPads were purchased as well. Approximately 69% of the pre-orders were for the Wifi version, with the remainder being for the 3G version of course. As far as what size iPads, the split was pretty even between the 16GB, 32GB, and 64GB versions. The real question is, will Apple be able to meet all the demand for the new device, or will there be some disappointed customers come April. Given these numbers and the estimates of how much money Apple is making per device, Steve is laughing all the way to the bank this weekend.

One item worth noting, this data is based off a sampling of 99 orders over 19.5 hours, so there is of course a margin for error. The data was compiled by Investor Village’s AAPL Sanity board which as of this time, is down.

[via Brainstorm Tech]