iPad Poised To Smash Sales Record

Friday May 7th 2010 by Datamation.com Staff

An analyst says Apple may sell $1 billion worth of iPads by the end of the month.

InformationWeek: Yankee Group Analyst Carl Howe says that if iPad sales continue at their current pace, Apple could reach $1 billion in sales by the end of May. "Apple's iPad will likely take the crown for the fastest consumer product growth to the $1 billion revenue mark in history, taking less than 80 days from the beginning of pre-orders to reach that milestone," he wrote in a blog post.

According to Piper Jaffray analyst Gene Munster, the company likely sold more than 300,000 of the new 3G iPads last weekend.

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