Here are some interesting bits of news from the last couple days of the iPad sales frenzy.

Investor Village estimates that 120,000 iPads were preordered in the first day, with wifi-only models beating out wifi+3G by a 2:1 ratio.

"Apple has been able to generate over $75 million in revenue in one day on a product that 99.9% of purchasers haven’t touched or for that matter, even seen in person," said Victor Castroll, an analyst with Valcent Financial Group. "And, we’re still three weeks away. That is amazing."

The Unofficial Apple Weblog estimates that about 41,000 of those devices were reserved for in-store pickup at an Apple Store.

It has also come out that, rather than just replace the battery, Apple will replace the entire iPad for $99 once the battery wears out. Engadget worries that this will mean the complete loss of all personal data stored on the iPad.

However, this has always been a possibility. Apple has always warned that any device sent in for service should be backed up beforehand because it is possible they will send a different unit back. This time they are simply being explicit that this will happen.

Though the iPad ships with iPhone OS 3.2, AppleInsider is reporting that the next major release, OS 4.0, will probably include long-awaited support for multitasking. At present, iPhone or iPod Touch users (and presumably iPad users) have to jailbreak their devices to allow them to, say, listen to the Pandora app while browsing the web.

If this is true (it has been predicted several times before), expect a number of people to be delighted—and a number of others to complain that, as with OS 3’s copy-and-paste, people are cheering Apple for giving them something that should have been part of their device to begin with.

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