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iPad Sales Number 300,000+, Apple Shares Up

iPads sales number in the 300,000 plus range and increase Apple shares dramatically. Apple verified Monday, April 5th, 2010, that iPad's launch on Saturday was a huge success. Saturday marked a huge win for the Apple's iPod and ibook sales. International Apple stores were swamped with long lines of customers waiting to buy the iPad. More than 1 million programs for the iPad were downloaded over the weekend as well as at least 250,000 eBooks. The Cupertino Company sold 300,000 iPads on Saturday alone.

Apple CEO Steve jobs issued a statement Monday which attested: "It feels great to have the iPad launched into the world — it's going to be a game changer." Apple's stock increase is projected to supersede a previous projection by Duetsche Bank analyst Chris Whitmore. Initially Whitmore projected shares to grow to the targeted $250/per share. He now expects Apple stock to increase to $325/per share. Presently Apple shares have increased by 35 cents (1 percent) to $236.32 as of April 5, 2010.

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