The numbers of people pre-ordering Apples over-hyped iPad
is has slumped. On the first day pre-orders were a fairly lack-luster
120,000 but since the the numbers have plummeted.
According to Daniel Tello, the Venezuelan blogger-analyst
who has been tracking order numbers submitted by volunteers at Investor
Village's AAPL Sanity board, orders on Saturday and Sunday slowed to an
estimated 1,000 per hour.
Writing in his bog Tello
thinks that the first 120,000 first-day sales was "pure overexcited
fanboism”. In other words those who are stupid enough to buy anything that
Steve Jobs suggests have all put in their orders. However those with half a
brain cell have decided to wait and see if the hype bears out.
Tello is famous in Apple investor circles for making
predictions of the company's quarterly revenues and earnings that are as good
as, and more often better, than those published by professional analysts.
It would be nice to think that the great unwashed have
realised that the US tech press have sacrificed their credibility to hawk the
iPad for Jobs' Mob and are going to ignore the over priced netbook without a
keyboard in droves.