The new iPad

The new iPad

Apple has recently held a conference call discussing Apple’s plans for its $100 billion cash balance, they are initiating a dividend and share repurchase program later this year, during that Apple CEO Tim Cook said the company saw “record” sales for the new iPad in its opening weekend. Now Apple elaborated on that by issuing an official press release showing how many new iPads were sold in the three days following the product’s launch last Friday; three million new iPads sold in just three days:

The new iPad is a blockbuster with three million sold―the strongest iPad launch yet,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “Customers are loving the incredible new features of iPad, including the stunning Retina display, and we can’t wait to get it into the hands of even more customers around the world this Friday.

These are some interesting tidbits showing iPad and iPhone sales over time.

  • Apple sold 1 million iPads in 28 days after the device went on sale in April 2010;
  • 2 million iPads were sold in less than 60 days;
  • 3 million first-gen iPads were sold in 80 days;
  • 3 million new iPads sold in three days.
  • 4 million iPhone 4S sold in 3 days.

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