Well everyone, it looks like Gene Munster's 700,000 day one sales estimate for the iPad was a bit generous. And by 'a bit' I mean 'a crap-load'. In reality, Apple's new tablet “only” managed to sell 300,000 units on Saturday. That includes pre-orders, in store sales, and people who bought their iPads in back alleys from suspiciously moustachioed black market dealers.
This press release from Apple states that new iPad owners downloaded over one million apps and more than 250,000 ebooks from the iBookstore on Saturday. Steve Jobs himself bragged that average iPad users downloaded more than 3 apps and close to one book 'within hours' of unboxing their new toy.
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300,000 may be a far cry from Munster's estimate, but it's still an extraordinarily impressive number. And it breaks the recent chain of analyst under-estimations of Apple opening sales weekends. All in all, it was a fantastic weekend for Apple, and everyone who loves the tablet form factor.