I once heard that the iPhone has $200 of technology inside, but it sells for much more than that. I can’t imagine how much profits could be made on 120,000 iPads.

I believe we previously reported that 90,000 were sold last Friday, but it would appear that the number is more like 120,000. About 69 percent were Wi-Fi versions, and the rest were 3G. As far as the memory was concerned, sales were pretty even on the 16GB, 32GB, and 64GB.

Oh, yes, this is probably the beginning, with no end in sight.

Source

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