Gadgets

Apple iPad 3 Sales Soar : AAPL Stock to Follow?

Image via Product Reviews

Apple’s new iPad proved to be another hot seller, as stores in certain countries open its doors to a long queue of buyers today. On March 16 at 8:00 a.m., the Cupertino-based company started selling its new tablet to nine countries including Canada, Singapore, France and UK.

In the US, aside from Apple Stores, AT&T, Verizon, Best Buy, Sam’s Club and RadioShack also started selling the third-generation tablet. Furthermore, Walmart opened its stores at 12:01 a.m. today to sell a “limited supply” of the new iPad.

Improvements inside Apple’s new iPad

Gadget-repair company iFixit, waited in a long line in Australia to get their hands on Apple’s new iPad. After tearing it down, they found out that the device’s parts were supplied mainly by Qualcomm, Broadcom and Samsung.

The third-generation tablet includes Qualcomm’s LTE cellphone chip and 3G/4G wireless modem. Broadcom supplied the semiconductor for wireless WiFi and Bluetooth capabilities.

Although Apple doesn’t want to disclose which company makes the components of its devices, it’s apparent that their products are a collaboration of various chipmakers and manufacturers. Moreover, the new iPad’s specifications like the high definition Retina Display is seen as an improvement instead of a major innovation.

Where to Get Your New iPad

In case you forgot to pre-order the new iPad, and you want to get your hands on the tablet now, you can always head on to various retailers that offers Apple’s latest device. If you’re in the US, all 361 Apple Stores across the country will stock their shelves of the new iPad, as well as in Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland and UK.

You can also wait until March 23, as the Cupertino-based company will extend its sales in Sweden, Spain, Slovenia, Slovakia, Romania, Portugal, Poland, Norway, New Zealand, the Netherlands, Mexico, Macau, Luxembourg, Liechtenstein, Italy, Ireland, Iceland, Hungary, Greece, Finland, Denmark, Czech Republic, Bulgaria, Belgium and Austria.

But if you’re willing to wait for two to three weeks, you can always purchase the latest iPad in Apple’s online store.

 

Reuters reported that people in Sydney, Australia started lining up in various Apple Stores before dawn this morning. Thus, it’s a no-brainer that the company’s share price hits $600 for the first time.

According to research firm Gartner, tablet sales are expected to increase to 326 million by 2015, with Apple dominating the market. Meanwhile, the new iPad’s predecessor dropped its price to $399. Because of the hype, analysts expect that Apple will surpass iPad 2’s sales record. In fact, today’s sale is expected to extend the company’s market value to $560 billion.

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