iPad...iPhone...does it matter...Apple is the best!!

The expectations for the Apple iPad have been more than surpassed. Since its launch 80 days ago, the iPad has sold over three million units. Analysts had the figure set at 1.7 million for the quarter ending June 30. The iPad represents one of the fastest-selling new products in Apple’s history, with one leaving for its new home at a staggering pace: a little over every second. Even Apple’s popular iPhone, now the company’s biggest revenue driver, took more than two months to crack the one million mark after it debuted in June 2007.

The iPad is a new opportunity for Apple to broaden its presence in the consumer electronics market, where its iPod devices already dominate among digital music players. The iPad is expected to be popular with publishers, and Apple has already opened a bookstore that competes with market leader Amazon.com Inc.’s digital book platform. The popularity of Apple’s iPhone has made it the darling of investors, who have pushed the company’s shares up more than 30% since the beginning of the year. Last month, Apple’s market cap surpassed that of long-time rival Microsoft. It is now the second most valuable US company after oil behemoth Exxon Mobil. In late afternoon trading, Apple shares were 1.2% higher at $273.51.

prma