Views from Phanfare CEO and Co-founder Andrew Erlichson

Link Apple is currently selling 20,000 iPads per hr – $10MM/hour

We just bought two iPads, about 30 minutes apart. Our order IDs are 10,000 apart. Assuming those order IDs are sequential, and they appear to be, then Apple is selling 20,000 iPads per hour. Assuming most orders are for the $499 model, and that people are only buying 1 per order, that means Apple is selling $10MM/hour. Of course that is not sustainable, but if they did it for a year, it would be $87.6B.

Now, of course, we can’t be sure every order was for an iPad. Apple does sell other stuff. But at 830am in the morning on the east coast, my guess is that most of the orders were for iPads.

This also means that Apple will sell out of all devices built in the initial manufacturing run sometime this week.

This product will change consumer computing.

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