Apple's (AAPL) New iPad Shows Rapid Adoption in U.S.

May 24, 2012 7:26 AM EDT Send to a Friend
Shares of Apple (Nasdaq: AAPL) are indicated for a higher open Thursday amid reports the New iPad was such a rapid sales phenom in the U.S., the device is now as widely used as the original iPad -- just two months after its introduction!

According to research firm Localytics, cited by TheNextWeb, the third-generation tablet from Apple is at least on par in terms of usage with the original device, each sharing a 20 percent portion of total iPad users. The number for the New iPad is up significantly from the 14 percent the device captured during its initial launch week.

The iPad 2 is still the "cock-of-the-walk," keeping a 60 percent share of the Apple tablet market in the U.S.

Localytics report will be released later to the public via its official blog.

Apple shares are up about 0.6 percent in pre-market action.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News, Insiders' Blog

Comments

Growth
David Faris on May 24, 2012 12:33 PM
Mark as Spam | Reply to this comment

The stock will soar with earning.

Value
Michael Calaizzo on May 24, 2012 12:32 PM
Mark as Spam | Reply to this comment

Apple is a 900 hundred dollar stock.


Add Your Comment