Saudi-European Parliamentary Friendship Committee discusses cooperation during Strasbourg visit    Diriyah to host third IMFC Deputies meeting under Saudi chairmanship    15,135 decisions taken to penalize Saudis and expats for violations    Saudi stock market loses half a trillion riyals, with Aramco's losses amounting to SR340 billion Tariff turmoil rattles Gulf markets    KAU to host Digital Communication Conference in Jeddah from April 29 to May 1    TGA: Riyadh tops with 45% of 290 million orders delivered in 2024    Aja and Salma mountains draw nature lovers to Hail's rugged landscapes    US revokes all visas for South Sudanese nationals over deportation dispute    Death toll from Myanmar earthquake rises to 3,471    Macron to hold Gaza summit with Egypt and Jordan in Cairo    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Saudi assistant referee Iman Al Madani joins AFC elite list for 2025    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    Turki Al-Sheikh announces five new Saudi film projects to be produced in Riyadh    Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    Ed Sheeran weaves Persian music into new song, Azizam    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    Veteran Bollywood actor Manoj Kumar dies at 87    Screen time in bed linked to insomnia, study finds    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Apple iPad reaches 1 mln sales faster than iPhone
Published in Saudi Press Agency on 03 - 05 - 2010

Apple Inc has sold 1 million iPads since their April 3 launch, as the company passed that sales milestone faster than many analysts had expected, Reuters reported.
Apple said on Monday that the 9.7-inch touchscreen iPad -- a new category of device that combines the mobility of a smartphone with the speed of a laptop -- reached the million sales mark in only 28 days.
That was much faster than the iPhone, which passed 1 million units sold after 74 days in 2007.
Apple began the second stage of a two-part roll-out of the iPad on Friday when it started selling the pricier, high-speed wireless model in the United States, following the launch of the short-range Wi-Fi tablet earlier in April. ID:N29220210
The company, which has already delayed the international iPad launch by a month, said it continues to have difficulty meeting demand.
"Demand continues to exceed supply and we're working hard to get this magical product into the hands of even more customers," Chief Executive Steve Jobs said in a statement.
Hudson Square Research analyst Daniel Ernst said early sales have clearly exceeded Wall Street's expectations. He had previously estimated sales for the entire June quarter at 1.25 million units.
Ernst said his research indicates that a large portion of buyers are so-called early adopters and people who were already Apple fans, so the breadth of long-term demand is still not clear.
But he called the iPad a "game-changer. This is a product that could really redefine how we consume a lot of content."
Apple has pitched the iPad as an all-purpose media consumption device, good for video, games, electronic books and magazines and Web browsing.
Users have so far downloaded 1.5 million digital books.
Apple also said iPad users have downloaded 12 million software applications, or apps. There are more than 5,000 iPad apps available.
Many on Wall Street expect Apple to sell 5 million iPads this year, although estimates vary due to the difficulty in forecasting for a tablet computer market that is brand new. ID:nSGE6340DJ
The company sold 300,000 iPads on launch day, April 3, and a half million in the first week.
BMO Capital markets analyst Keith Bachman expects Apple to sell 2 million units in the June quarter.
"In many respects, we are encouraged that the international roll-out will not begin until May, which will sustain strong sales in the September quarter and throughout" 2010, Bachman wrote in a client note.
Apple delayed the international launch for a month because of what it said was stronger-than-expected U.S. demand. ID:nN14141613
International pre-orders will begin May 10, and the device will go one sale in nine new countries later in the month.
Shares of Cupertino, California-based Apple rose 2.1 percent to $266.64 in midday Nasdaq trading on Monday.
Shares of Amazon.com Inc, whose Kindle currently dominates the dedicated e-reader market, rose 0.7 percent to $138.06.


Clic here to read the story from its source.