25,000 Apple iPad pre-orders per hour?

“Judging from the order numbers, pre-sales are coming in at the rate of 25,000 per hour,” Philip Elmer-DeWitt blogs for Fortune.

“The folks who hang out at Investor Village’s AAPL Sanity Board are too impatient to wait for Appl to announce sales figures; they much prefer to work them out on their own — in real time,” Elmer-DeWitt reports.

“Entering the order numbers associated with their own purchases on a Google spreadsheet, they think they’ve cracked the code. As of 11:05 a.m. ET — two and a half hours after Apple’s online store began taking pre-orders — the group had received 15 confirmations with order numbers as high as 74,000 (the numbers don’t necessarily start at 0),” Elmer-DeWitt reports. “’51,000 orders in two hours,’ announced Victor Castroll shortly after noon. He’s an analyst with Valcent Financial Group and an AAPL Sanity member.”

Full article here.

Source: MacDailyNews