Apple Watch Winds Up Bigger Initial Orders Than iPod, iPhone
CUPERTINO (CBS SF) - Apple's dedicated fanbase has come through once again for the company, with an estimated 1.2-million Apple Watches being ordered on their first day of availability Friday.
That compares to the first iPhone taking 74 days to hit the one million mark in 2007, and the first iPod didn't reach that milestone for two years.
Of course, those devices were ground breakers at the time, and analysts expected fairly heavy early demand for the Watch given Apple's now massive customer-base.
According to Slice Intelligence, 72-percent of those who ordered the Watch, had bought another Apple product in the past two years. Piper Jaffrey analyst, and noted Apple bull, Gene Munster, is predicting Apple to sell 2.3-million Watches in the quarter.
Apple's stock is up on the news by around a half percent, and the solid demand is chipping away at major watch manufacturers like Fossil and Movado.
