According to Piper Jaffray store checks they observed 15 iPads being sold per hour per Apple store on Black Friday - this is up 68% from last year. They also noted 10 Macs per hour, up 25% from a year earlier.
They also go on to say their estimate is for 13.5 million iPads to be sold in the December quarter, this would result in a sales increase of 84% from last year.
There are also rumors that $AAPL had its best one-day in sales ever at its stores AND met its high expectation by 7pm. Keep in mind this is rumors from sources.
The stock is up 2.7% today after hitting a 2-month low on Friday.
PFG owns shares of Apple ($AAPL).
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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