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Wired Sells 24,000 IPad Editions in First 24 Hours

Posted on May 28, 2010 by Mediabids

Despite the lukewarm reviews (see below), Wired's IPad app appears to be doing well:

Wired magazine sold 24,000 copies of its $4.99 app in the first 24 hours of its release, according to a tweet by John Abel, the mag’s NY bureau chief. With the 70 percent revenue split, that means that Conde Nast took away $83,832. It helps that Wired’s tech audience tends to be early adopters, so it remains to be seen if other Conde Nast titles will enjoy that same immediate sales jump.

Not surprising, the Wired app has already shot up to number one among the paid apps, way ahead of Vanity Fair, whose $4.99 app was released two weeks ago and is at number 90. The Wired app number is impressive, especially since Conde Nast has already counted about 63,000 paid app downloads across both the iPhone and iPad since November, all of which go toward its total circ, under the Audit Bureau of Circulations.

The publisher is planning a few additions to drive paid downloads further.  For example, unlike Conde Nast’s GQ app, there’s no automatic subscription notice for the Wired app yet, but execs told paidContent earlier this week that this feature is coming soon.

From paidcontent.org. Full story here