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Sales of Apples iOS devices continue to soar the roof

Although some called Apple’s third generation iPad a relatively “modest” update to its popular predecessor, sales for its opening weekend were through the roof. Apple announced this afternoon that 3 million iPads since have been sold since it was officially launched on Friday morning.
It took the original iPad nearly three months to reach the 3 million mark, while Apple sold around 1 million iPad 2s during its first few days of availability.
“The new iPad is a blockbuster with three million sold?the strongest iPad launch yet,” said Philip Schiller, Apple SVP of Worldwide Marketing. “Customers are loving the incredible new features of iPad, including the stunning Retina display, and we can't wait to get it into the hands of even more customers around the world this Friday.”

To put those numbers into perspective, Samsung -- third place in tablet sales behind Apple and Amazon -- shipped a mere 1.5 million Android-based tablets during all of Q4 2011 according to IDC.

Sources: Apple, IDC

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RE: Stock buyback
By Tony Swash on 3/19/2012 7:51:30 PM , Rating: 3
Steve Jobs greatest piece of product development was in making Apple V2. He knew that, sadly, his days were numbered so he spent a lot of care and attention in building Apple into something that would survive hime. Time will tell whether he has succeeded or not. So far it seems Tim Cook and Apple haven't put a foot wrong.

RE: Stock buyback
By acer905 on 3/20/2012 12:21:05 PM , Rating: 2
The biggest question is exactly how extensive Jobs roadmap for Apple was. He was, regardless of any other trait, a major planner. He liked to have everything planned out for years in advance. So, how long will it be before Apple encounters their version of the end of the Mayan calendar?

"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007

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