Apple iPad to hit US stores on 3 April

Apple said the first iPads will be in US stores on 3 April and hit nine international markets, including the UK, later in the month, easing concerns that manufacturing constraints could delay launch.

The news sent shares of Apple surging as much as 4.3 per cent to an all-time high of $219.70 (£146.83) on the Nasdaq, as analysts said the speedy international rollout could help build sales momentum.



The 9.7-inch touchscreen iPad, which is designed to surf the Web, play video and games, and read digital books, is the most anticipated product launch from Apple since the iPhone in 2007.



Chief Executive Steve Jobs unveiled the tablet in late January, but the company did not announce any international markets until Friday, when it said the tablet will go on sale in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April.



"I think it eases concerns that were circulating about supply. There's always so much speculation around a launch, and this alleviates those fears," said Cross Research analyst Shannon Cross, adding that the breadth of the international launch should reassure investors.



Cross expects the iPad to be a major growth driver for Apple eventually. She estimates the company will sell 4 million to 5 million units in the first year, which will add $1 to earnings per share.



The 3 April launch date means Apple won't likely book any iPad revenue in the current fiscal second quarter, which closes at the end of March. Nonetheless, Barclay's analyst Ben Reitzes said the launch plans added some "welcome clarity."



"Not only is the device available April 3 in the US, but we believe availability in nine other countries by the end of April is likely quicker than many thought, lending potential upside to consensus estimates into mid year," he wrote in a research note.



Analysts are currently forecasting Apple's fiscal 2010 earnings per share at $11.62, according to Thomson Reuters I/B/E/S, up from $9.08 last year.



There has been some debate on how successful the much-hyped iPad really will be. While most agree that the device is well-designed and appealing to consumers, some analysts are not convinced there is a big market for tablet computers.



The iPad will have to compete for consumer attention with a myriad of established devices, including smartphones, netbooks and dedicated e-readers like Amazon.com's Kindle.



Apple said that an iBooks application for the iPad - which will compete with the Kindle - would be available as a free download from launch day.

The US launch date for the iPad model with short-range Wi-Fi wireless links, starting at a price tag of $499 (£334), is slightly later than the previously expected late March launch.



Oppenheimer & Co analyst Yair Reiner said there were some supply constraints around the iPad, which was not unusual for a major product launch. But he said that would not be an issue in the long run.



"I think supply constraints can have some short-term impact in the first quarter, obfuscating the true demand around launch time, but the longer term is more important," he said.



Customers looking for versions of the iPad with third-generation (3G) high-speed cellular data links will have to wait until late April, said Apple.



AT&T Inc, the exclusive US carrier for the iPhone, will provide wireless connections for the iPad. But AT&T's top executive said earlier this week that he expects consumers to mostly use Wi-Fi to connect the iPad.



Beginning 12 March, US consumers will be able to go to Apple's website to preorder both the Wi-Fi-only model and the version with 3G and Wi-Fi, or reserve a device to pick up at a store on 3 April.



Research firm iSuppli estimated the total materials costs for each device is $219.35 (£147), with a $10 manufacturing cost.

News
Patrick Stewart in the classiest ice bucket to date
people
News
Australian rapper Iggy Azalea was left red faced but, thankfully, unhurt after taking a few too many steps backwards, sending her tumbling off the stage.
peopleIggy Azalea was left red faced but apparently unhurt after taking a few too many steps backwards
News
newsComedian Lee Hurst started trend with first tweet using the hashtag
News
The current recommendation from Britain's Chief Medical Officer, is that people refrain from drinking on at least two days a week
food + drinkTheory is that hangovers are caused by methanol poisoning
PROMOTED VIDEO
Life and Style
ebooksA superb mix of recipes serving up the freshest of local produce in a delicious range of styles
Life and Style
ebooksFrom the lifespan of a slug to the distance to the Sun: answers to 500 questions from readers
Life and Style
A nearly completed RoboThespian robot inside the Engineered Arts workshop is tested in Penryn, England. The Cornish company, operating from an industrial unit near Falmouth, is the world's only maker of commercially available life sized humanoid robots
techSuper-intelligent robots could decide destroying the human race is the kindest thing to do
News
scienceExcitement from alien hunters at 'evidence' of extraterrestrial life
News
newsRyan Crighton goes in search of the capo dei capi
Life and Style
techConcept would see planes coated in layer of micro-sensors and able to sense wear and tear
Life and Style
Customers can get their caffeine fix on the move
food + drink
Extras
indybest

Arts and Entertainment
Actors front row from left, Jared Leto, Jennifer Lawrence, Meryl Streep, Ellen DeGeneres, Bradley Cooper, Peter Nyongío Jr., and, second row, from left, Channing Tatum, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyongío and Angelina Jolie as they pose for a
film
Sport
sport
Life and Style
techCould new invention save millions in healthcare bills?
Sport
David Moyes gets soaked
sport Moyes becomes latest manager to take part in the ALS challenge
Voices
A meteor streaks across the sky during the Perseid Meteor Shower at a wind farm near Bogdanci, south of Skopje, Macedonia, in the early hours of 13 August
voicesHagel and Dempsey were pure Hollywood. They only needed Tom Cruise, says Robert Fisk
Independent
Travel Shop
the manor
Up to 70% off luxury travel
on city breaks Find out more
santorini
Up to 70% off luxury travel
on chic beach resorts Find out more
sardina foodie
Up to 70% off luxury travel
on country retreats Find out more
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Gadgets & Tech

    C#.NET VB6 Developer (Software Developer, Software Engineer)

    Negotiable: Harrington Starr: C#.NET VB6 Developer (Software Developer, Softwa...

    SQL Developer (TSQL, SSRS, SSAS) Fund Manager - London

    £45000 - £50000 per annum + Benefits: Harrington Starr: SQL Developer (TSQL, S...

    Software Developer (JavaScript, TDD, Jasmine, Angular.JS)

    Negotiable: Harrington Starr: Software Developer (JavaScript, TDD, Jasmine, An...

    Front-End UI/UX Developer (HTML5, CSS, JavaScript, jQuery, Ang

    £45000 - £50000 per annum + Benefits + Bonus: Harrington Starr: Front-End UI/U...

    Day In a Page

    All this talk of an ‘apocalyptic’ threat is simply childish

    Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

    Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
    Mafia Dons: is the Camorra in control of the Granite City?

    Mafia Dons: is the Camorra in control of the Granite City?

    So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
    Emmys look set to overhaul the Oscars as Hollywood’s prize draw

    Emmys look set to overhaul the Oscars as Hollywood’s prize draw

    Once the poor relation, the awards show now has the top stars and boasts the best drama
    What happens to African migrants once they land in Italy during the summer?

    What happens to migrants once they land in Italy?

    Memphis Barker follows their trail through southern Europe
    French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

    French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

    The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
    Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

    Frank Mugisha: 'Coming out was a gradual process '

    Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
    Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

    Radio 1’s new top ten

    The ‘vloggers’ signed up to find twentysomething audience
    David Abraham: Big ideas for the small screen

    David Abraham: Big ideas for the small screen

    A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
    Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

    Florence Knight's perfect picnic

    Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
    Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

    Horst P Horst comes to the V&A

    The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
    Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

    Mark Hix's summery soups

    Soup isn’t just about comforting broths and steaming hot bowls...
    Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

    Tim Sherwood column

    I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
    Eden Hazard: Young, gifted... not yet perfect

    Eden Hazard: Young, gifted... not yet perfect

    Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
    Tim Howard: I’m an old dog. I don’t get too excited

    Tim Howard: I’m an old dog. I don’t get too excited

    The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
    Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

    Tom Peck on Match of the Day at 50

    The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition