The Number of Orders for Apple iPad Declined Sharply

Although, the pre-order for new iPad went hysterical on Friday ie. 25000 per hour, the number dropped drastically over the weekend. According to Daniel Tello, the Venezuelan blogger-analyst who was tracking the orders, the number declined to 1000 per hour only over the weekend. He further said that the real demand for ipad before its release is going to be approximately 30,000 per weekday and half that on weekends. The statistics of Tello is based on 120 orders for 137 iPads over 58 hours, starting at 8:30 a.m. ET Friday.

“With three weeks and two weekends left before they ship, I wouldn’t expect much more than half a million in pre-orders and reservations,” he says.”My best guess, although very tentative given the early stage and few data we have so far, would be that they hit the 1 million unit milestone by the second week after it ships,” he told Fortune. “But this is a very speculative guesstimate based on just a weekend of pre-orders.”

However, according to another analyst Victor Castroll with Valcent Financial Group, he used a complex formula. It subtracts the average number of non-iPad orders on Apple’s online site, multiplies the result by an average of 1.125 iPads per order and adds an estimated 2,000 units for the eight late-night hours for which there is no data.

Pre-orders were almost evenly broken down among the 16, 32 and 64 GB models. Additionally, customers preferred the cheaper (and available April 3) Wi-Fi-only iPad over the Wi-Fi plus 3G model (due out at the end of April) by roughly two to one. There was a little bit of increase over the weekend for 64 GB orders.

Tello is very famous to Apple investors for making predictions of the company’s quarterly revenues and earnings. Tello and Castroll will continue their analysis. Please, feel free to send your information to ipadsales10@gmail.com if you pre-order iPad between now and April 3 rd. Please, don’t forget to include your order number.