Print 49 comment(s) - last by raeellen.. on Mar 14 at 9:11 AM

Apple says demand for the iPad 3 has been "off the charts"

The hype for new Apple products is not unlike teenage girls crying while waiting in line to see a cheesy pop artist, and it looks like that enthusiasm is as alive as ever with the upcoming iPad 3.

The iPad 3, which was announced at an Apple event in San Francisco, California by Apple CEO Tim Cook earlier this month, will officially launch on March 16. However, new reports say all pre-order iPad 3 stock has been sold, and that March 19 is the earliest ship date for online orders. According to TG Daily, new orders could even take as long as three weeks to fulfill.

"Customer response to the new iPad has been off the charts and the quantity available for pre-order has been purchased," said Apple in a statement. "Customers can continue to order online and receive an estimated delivery date."

The iPad 3 features a 2048x1536 resolution, 9.7-inch display, the A5X processor with a dual-core CPU and quad-core GPU, a rear-facing 5 MP iSight camera, LTE radio and 16 GB, 32 GB and 64 GB options. There's a Wi-Fi only version and a 4G LTE compatible version that runs on Verizon and AT&T 4G networks.

Customers who want an iPad 3 on launch day will have to make their way to an Apple store or some other brick-and-mortar store that sells iPads.

It's not uncommon for Apple's latest gadgets to sell out for pre-order shortly before the release. Last fall, iPhone 4S pre-orders sold out at AT&T, Verizon and Sprint, which are the three largest U.S. carriers. The iPhone even went on to crush Google's Android in U.S. Q4 sales, outselling Android-based phones 4-to-1 on AT&T and outselling all Android phones combined at Verizon.

Sources: USA Today, TG Daily

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: $$$?
By michael2k on 3/12/2012 12:29:40 PM , Rating: 0
Um, you're typing on a computer are you not? You afford that somehow, don't you?

Seriously though, you could be paying $500 a month for rent ($6k), your car could in theory be paid off ($1k gas, $1k insurance, $400 maintenance), you could be eating frugally for about $1 a day ($400), you could be wearing outlet clothing ($400), you might have to be paying your own health insurance ($3.6k), you could skip cable and only have $12 phone service and $20 DSL ($384), and your student loans could be $200 a month ($2.4k)

Your annual expenses would then be $16k, annually. Assume you pay $5k in taxes, and you are left over with $30k in discretionary spending.

What are you doing with that extra $30k? Eating out? Buying nice clothes? Paying a car lease? More rent? An iPad is trivially affordable if you can find a way to "save" $2 a day from your normal expenses, which might be skipping your Starbucks or Taco Bell, or dropping you DSL/Cable from 6MBPs to 3MBPs, for example.

RE: $$$?
By Majes on 3/12/2012 12:52:28 PM , Rating: 2
Yikes... Maybe I need to step up my game if I could be saving 30k a year!

Is there anything you could post to help me eat at a dollar a day? I am relatively close on the other things you mentioned, but I probably spend 5-10 dollars a day on food... I'd love to spend 1-2...

RE: $$$?
By jimbojimbo on 3/12/2012 1:19:30 PM , Rating: 2
$1 a day for food is ridiculous. You would probably just get that if you ate rice every day and that was it. You'd also not be able to go out and eat either.

This post is on the extreme side of things, basically someone who lives in super ideal situations and does everything possible to avoid spending money including buying anything at all whatsoever. Not real world at all.

RE: $$$?
By michael2k on 3/12/2012 2:56:31 PM , Rating: 2
Well, taxes might be higher than $5k. I got taxes down that low because I was putting 16% of my income into a 401k. At that calculation, you are losing another $8k to a 401k and your taxable income drops to $42k.

But yes, food on a dollar a day is 4 servings of beans and rice. 25 pounds of rice is $20, assorted beans, dry, about $2/pound so say you have another 25 pounds of beans for $50. That's $70. for a year's worth of food. For refreshment let's say you drink milk. $4 a gallon, a gallon a week, is $208, leaving you with an additional $87 budget. You can get concentrated vanilla or strawberry, at $15 for a whole year's worth, to spice up your milk. Salt, sugar, and pepper eat up another $20 for a year's worth (if you don't overseason), leaving you with $1 a week to spend on your choice of tomatoes or cheese or whatever spices you need.

The point is that you can in fact choose to spend a lot less than $5-$10 a day on food. Even $5 a day on food is less than $2k a year, and that only decreases your discretionary spending by $1.5k; the 401k is the bigger deal, which decreases your discretionary spending to $22k.

RE: $$$?
By wiz220 on 3/12/2012 1:14:08 PM , Rating: 2
Man, if he's really getting an effective tax rate as low as 10% I need him to tell me how he's doing it! :)

RE: $$$?
By bobsmith1492 on 3/12/2012 3:00:21 PM , Rating: 2
Try 25% in taxes if you make $50K. My wife and I get it down to about 20% by giving a lot away and putting it in 401K and HSAs, but if you're going after discretionary income those don't help any.

RE: $$$?
By michael2k on 3/12/2012 5:01:06 PM , Rating: 2
25%? IRS says anything under $70.7k is 15%:

So if you're earning $51k and you sock away 16% into a 401k you already have reduced your taxable income to $43k. Apply the standard deduction and you get down to $37k taxable income, not counting money already deducted for social security etc. 15% of $37k is $5.55k, which is only 10.88% of the original $51k.

My first statement, 10%, was ballpark. Had I done the math I would have said 11%. Even if you don't use a 401k, the 15% of $51k minus the $6k standard deduction would only be $6.75k, or 13.23%. Both are considerably lower than 25% or 20%.

RE: $$$?
By michael2k on 3/12/2012 3:34:54 PM , Rating: 2
I also didn't factor in utilities such as water and power; but generally water is about $20 or so a month and power could be about $80 depending on how you live, so that's another $1.2k out (for $20.8k in discretionary after $8k in 401k)

"And boy have we patented it!" -- Steve Jobs, Macworld 2007

Latest Headlines
Inspiron Laptops & 2-in-1 PCs
September 25, 2016, 9:00 AM
The Samsung Galaxy S7
September 14, 2016, 6:00 AM
Apple Watch 2 – Coming September 7th
September 3, 2016, 6:30 AM
Apple says “See you on the 7th.”
September 1, 2016, 6:30 AM

Most Popular Articles5 Cases for iPhone 7 and 7 iPhone Plus
September 18, 2016, 10:08 AM
Laptop or Tablet - Which Do You Prefer?
September 20, 2016, 6:32 AM
Update: Samsung Exchange Program Now in Progress
September 20, 2016, 5:30 AM
Smartphone Screen Protectors – What To Look For
September 21, 2016, 9:33 AM
Walmart may get "Robot Shopping Carts?"
September 17, 2016, 6:01 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki