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300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%

 
Um, Huh? at work
User ID: 787775
United States
04/05/2010 09:36 AM
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300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
NEW YORK (CNNMoney.com) -- Apple said it sold 300,000 iPads in the United States on the first day the highly anticipated tablet device was available.

The Cupertino, Calif.-based company also said Monday that iPad users downloaded over one million apps from Apple's App Store and over 250,000 ebooks from its iBookstore during the first day, Saturday.

"It feels great to have the iPad launched into the world," Steve Jobs, Apple's chief executive, said in a statement. "iPad users, on average, downloaded more than three apps and close to one book within hours of unpacking their new iPad."

Apple (AAPL, Fortune 500) said the figure includes deliveries of pre-ordered iPads, deliveries to channel partners and sales at Apple Retail Stores. The iPad became available in the United States for the first time Saturday.

Shares of the company fell to $234.76 in electronic trading Monday after closing Thursday at $235.97. U.S. financial markets were closed for the Good Friday holiday
[link to money.cnn.com]



[link to money.cnn.com]

Apple shares fell 4% immediately after CEO Steve Jobs unveiled the Apple iPad, a touch-screen tablet computer that runs apps from the iTunes store and boasts a 10-hour battery life.

But shares recovered a little over an hour later and rose 1% after Jobs announced that prices would start at $499.
Anonymous Coward
User ID: 69144
United States
04/05/2010 09:37 AM
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Re: 300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
Because the Ipads are a joke. There stock will suffer because of these.
Anonymous Coward
User ID: 653278
United States
04/05/2010 09:41 AM
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Re: 300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
Because the Ipads are a joke. There stock will suffer because of these.
 Quoting: Anonymous Coward 69144



I am on mine right now as I type this. Ipads are a game changer. It is amazing. This is the future of computing interfaces.
Anonymous Coward
User ID: 508527
United States
04/05/2010 09:41 AM
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Re: 300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
if i see one of those metrosexual computer screens in public i'm gonna punch the screen and break it.
Anonymous Coward (OP)
User ID: 787775
United States
04/05/2010 09:54 AM
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Re: 300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
Because the Ipads are a joke. There stock will suffer because of these.



I am on mine right now as I type this. Ipads are a game changer. It is amazing. This is the future of computing interfaces.
 Quoting: Anonymous Coward 653278


I'll wait for the game to change before I buy one...like adding a USB, flash, etc...
Lnx

User ID: 665709
Finland
04/05/2010 10:01 AM

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Re: 300,000 iPads sold on day one BUT stocks fell 4% only to go up 1%
who the hell would willingly waste money on crap like iPad?

If i ever need device like this, i would buy HP Slate and laugh at those Appletards...

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