According to the initial analysis of iPad pre-orders at Investor Village’s AAPL Sanity board, about 120,000 iPads were sold in Day 1. Customers preferred the cheaper Wi-Fi-only iPad over the Wi-Fi plus 3G model. 16, 32 and 64GB iPads are equally popular.

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iPad pre-order: About 120,000 iPads sold in Day 1

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