Telecom & Wireless

Apple Sells Three Million iPads--Could Be A $5 Billion Product In 2010

Apple today announced that it sold its three millionth iPad yesterday, just 80 days after its introduction in the US. iPad is a revolutionary and magical product that allows users to connect with their apps, content and the Internet in a more intimate, intuitive and fun way than ever before, the company said.

“People are loving iPad as it becomes a part of their daily lives,” said Steve Jobs, Apple’s CEO. “We’re working hard to get this magical product into the hands of even more people around the world, including those in nine more countries next month.”

Developers have created more than 11,000 exciting new apps for iPad that take advantage of its Multi-Touch user interface, large screen and high-quality graphics. iPad will run almost all of the more than 225,000 apps on the App Store, including apps already purchased for your iPhone or iPod touch.

Apple sells the iPad for about $500 which means that it could contribute $5 billion to the company’s revenue this year.

Douglas A. McIntyre

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