After the initial burst of excitement on Friday that saw iPad pre-orders coming in at the rate of 25,000 per hour, there was a dramatic fall-off over the weekend.
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.
Tello, who is better known on the Web as Deagol (after a Hobbit in J.R.R. Tolkien's "Lord of the Rings"), attributes roughly half of the estimated 120,000 first-day sales to "pure overexcited fanboism."
