Subscribe to our free daily newsletters
  Space Industry and Business News  

Subscribe to our free daily newsletters

US retail powerhouse Target to sell iPad tablet computers

Apple launches iPhone 4 in China
Beijing (AFP) Sept 25, 2010 - Apple on Saturday launched the latest version of its iPhone in China and boosted its presence in the world's biggest Internet and mobile market by opening another two stores in Beijing and Shanghai. Dozens of people queued up at the new store in the capital for the first official iPhone 4, some waiting for more than 24 hours, even though the smartphone has been available on the grey market for months. At the front of the queue was Yu Zhonghui, who began lining up at 5:00 am on Friday. "I thought I was going to be bored standing in line but I'm having a great time," Yu said, according to the Global Times. "It's like a party."

Han Ziwen, a bookstore owner who had queued for 60 hours to get his hands on the iPad, also lined up for an iPhone 4. "The iPad and iPhone 4 will certainly have a great impact on the publishing industry," Han was quoted by the China Daily as saying. "My bookstore will either be destroyed or have to find a new way forward. I have to witness the process." The new Apple stores in Beijing and Shanghai bring the company's total to four in China -- two in each city. It plans to have 25 shops in the country by the end of next year. The iPhone 4 -- something of a status symbol in China -- is available in Apple stores, as well as at China Unicom retail outlets for buyers who sign a two-year contract with the operator, according to Apple.

The 16-gigabyte version of the smartphone, which will have wireless Internet capability, will cost 4,999 yuan (744 dollars) at Apple stores with the 32-gigabyte selling for 5,999 yuan, the California manufacturer said. China Unicom, the country's second-largest mobile phone operator, reportedly took nearly 50,000 pre-orders for the iPhone 4 on September 17, the opening day for such reservations. With the two-year contract, the 16-gigabyte will sell for 5,880 yuan while the 32-gigabyte version will cost 6,999 yuan, the China Daily said. The iPhone 4 made its debut in China just a week after Apple officially launched the iPad in the country, with some customers queuing up for several days to ensure they got their hands on the tablet computer.

Both products have been available for several months on China's grey market, which has been booming thanks to great demand for Apple goods. The earlier version of the iPhone only officially went on sale in China last October -- more than two years after its US launch. Consumers have had a shorter wait for the iPhone 4 and iPad -- the latest version of the smartphone was released in June in France, Britain, Germany, Japan and the United States. The iPad made its US debut in April. The price of the iPhone 4 in the grey market has more than halved to 5,500 yuan since Apple announced the official price, the China Daily said, citing vendors in a Beijing electronics market. China has at least 420 million web users and is also the world's largest mobile market with more than 800 million subscribers as of the end of June, according to official data.
by Staff Writers
San Francisco (AFP) Sept 24, 2010
US retail powerhouse Target announced on Friday that it will begin selling Apple iPad tablet computers in 1,743 of its stores across the nation on October 3.

The coveted touch-screen gadgets will be priced the same as they are at Apple stores and Best Buy consumer electronics shops, but buyers shopping with Target credit cards will eventually be able to get five percent discounts.

"Target is very excited to offer the revolutionary iPad to our guests nationwide," said retail chain merchandising vice president Mark Schindele.

"We think iPad will be at the top of our guests' holiday shopping lists."

Apple channeling iPads to US retail shops comes as production has begun to catch up with demand that sizzled in the months after the gadgets launched in April.

Analyst firm Piper Jaffray said in a note to investors on Thursday that it expected Apple to sell 21 million iPads in 2011, raising its previous estimate of 14.5 million.

Jaffray cited increased iPad supply and distribution channels along with the roll-out to more countries and adoption of the device in workplaces.

"We see the iPad as the Mac for the masses," Jaffray analyst Gene Munster said, referring to Apple's historically high-end Macintosh computers.

"The iPad represents a meaningful product category for Apple as a secondary computing device for those who already have a primary computer, a primary device for those who could not previously afford a Mac, and the first Apple product that will be a success in the enterprise."

Less than a month ago, Autodesk announced that its AutoCAD software used by professionals to design everything from skyscrapers to pocket knives is reuniting with the Macintosh computer platform.

A version of AutoCAD has been tailored for Macintosh computers, and applications for iPad, iPhone and iPod touch devices will let people collaborate on designs using those popular Apple mobile devices.

"You can imagine it on a factory floor, on a tarmac...there are a lot of places," Autodesk chief executive told AFP while discussing iPad making its way into work places.

"Macs have already been leaking in, but I think the iPad is going to be the device that does it for Apple."

Bass told of routinely seeing architects or designers sketch out plans on iPads during meetings to quickly present ideas.

"The Windows tablets are not there yet; they are so far behind," Bass said, referring to Microsoft operating system software that is firmly entrenched in business networks.

"It is easy for IT departments to keep the Apple products out when there is a credible Windows alternative, but now there is not."

The iPad went on sale in the United States on April 3 and Apple sold more than three million in 80 days.

The iPad allows users to watch video, listen to music, play games, surf the Web or read electronic books. The cheapest iPad costs 499 dollars (US) while the top model is priced at 829 dollars.

AT&T chief executive Randall Stephenson said Tuesday that over half a million iPad owners were using the US telecom giant's cellular network and new tablet computers were expected to help drive growth.

AT&T is the exclusive provider of 3G cellular service for Apple's iPad, which went on sale in the United States in April. It also is the exclusive US carrier for the iPhone.

Apple, maker of the Macintosh computer, the iPod, iPhone and iPad, surpassed Chinese oil giant PetroChina during trading on Thursday to become the world's second-largest company in terms of market value.

Apple shares hit a record 292.76 dollars during trading on Wall Street, giving the California gadget-maker a market capitalization of 266 billion dollars, more than PetroChina's 265 billion dollars.

Apple shares were trading at 292.32 dollars at the close of the stock market in New York City on Friday and slipped about 25 cents after hours.

ExxonMobile is the largest company in the world with a market capitalization -- the number of shares outstanding multiplied by the stock price -- of 310 billion dollars.

Apple passed Microsoft in market capitalization in May to become the world's top technology company.

Apple stock has risen steadily over the past few years as chief executive Steve Jobs, who returned to Apple in 1997, piloted the release of a string of hit products starting with the iPod in 2001, followed by the iPhone in 2007 and the iPad this year.

Share This Article With Planet Earth DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook

Related Links
Space Technology News - Applications and Research

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Japan to pilot digital textbooks in classrooms
Tokyo (AFP) Sept 24, 2010
Japan will soon start trialling electronic textbooks in primary schools, enhancing the role of IT in the classroom for a generation of "digital natives" born in the wired age. Under the "future school" project, 10 elementary schools will give all their under-12 pupils tablet PCs and fit their classrooms with interactive electronic blackboards starting as early as next month. The networke ... read more

US retail powerhouse Target to sell iPad tablet computers

Japan to pilot digital textbooks in classrooms

Gates tops list of richest Americans, Zuckerberg 35th

FCC frees up spectrum for super-fast wireless

Modern infrastructures said 'vulnerable'

MEADS Completes CDR And Is Ready For Flight Test

Airborne Multi-Intelligence Lab Demonstrates Intelligence Integration

Boeing Vigilare Enters Service With RAAF

LockMart And ATK Athena Launch Vehicles Selected As A NASA Launch Services Provider

Sirius XM-5 Satellite Delivered To Baikonur For October Launch

Emerging Technologies May Fuel Revolutionary Launcher

EUMETSAT Chooses Arianespace To Launch Metop-C

E-Shirt Improves Physical Exercise

Cuba May Link Up To Glonass System

Japan launches satellite for better GPS coverage

Taking The 'Search' Out Of Search And Rescue

Human-Powered Ornithopter Becomes First Ever To Achieve Sustained Flight

Swiss solar plane completes flight across Switzerland

Britain fixes Eurofighter ejector seats after Spain crash

WTO ruling doesn't worry Boeing

Optical Chip Enables New Approach To Quantum Computing

Spin Soliton Could Be A Hit In Cell Phone Communication

Chip revenue expected to grow 31.5 percent in 2010: Gartner

Computer data stored with 'spintronics'

NASA's MODIS And AIRS Instruments Watch Igor Changing Shape And Warming Over 3 Days

A Growing La Nina Chills Out The Pacific

GOES-13's Family of Tropical Cyclones: Karl, Igor And Julia

ISRO To Launch Four Satellites In December

USC Lab Releases Smartphone App That Measures Particulate Air Pollution

Police, protesters clash as trash piles up again in Naples

Study renews calls for BPA regulation

Nigeria lead contamination may affect 18,000 people: UN

The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement