Industrials

iPad Buyers Still Lining Up (AAPL)

Even while admitting that its sample was biased toward younger, more tech-savvy consumers, Baird Equity Research demonstrates yet again what a juggernaut Apple Inc. (NASDAQ: AAPL). Forbes reports that in an on-line survey of 488 potential customers, 24% indicated that they would be purchasing a new iPad in the next three months.

Here are some other eye-openers:

  • 48% of existing iPad owners will buy a new iPad
  • 42% of new iPad purchasers are first-timers
  • 15% of customers will buy a discounted iPad 2
  • 60% plan to buy the 4G LTE version of the new iPad

Forbes also nailed the most interesting result of the survey:

Although 81% of of these tech savvy online respondents had a pretty good idea what 4G meant, only 41% thought they knew what LTE was. Of that 41%, 13% correctly identified it as an acronym for “Long Term Evolution.” (Other guesses: “Light Transfer Expansion” and “Long Telecom Exposure.”) More than 20% thought it was a proprietary technology.

We’ll soon see if what you don’t know can hurt you — in the wallet.

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

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