Apple Thoughts: iPad the Fastest Selling Consumer Electronics Product in History? Possibly.

"The iPad is set to become the fastest selling consumer electronics product in history, with initial sales running at three times that of the current record holder: the DVD player. 'The iPad did not seem destined to be a runaway product success straight out of the box,' retail analyst Colin McGranahan of Bernstein Research wrote in an investors' note. 'By any account, the iPad is a runaway success of unprecedented proportion.'"

By the end of the year, if the sales hold up as estimated at $9 billion USD in the USA alone, the iPad will take over the number 4 spot in this list. The previous fastest selling device was the DVD, at 350,000 units per quarter. The iPad? Sales are currently 4.5 million units per quarter. The interesting thing about this is that the iPad is a device, and the top three spots are all categories (TVs, smartphones and notebook computers). Although, with the iPad, I think you could make the argument that it has actually created it's own category.