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Apple Sells 2 Million iPads

1 Jun, 2010 By: Erik Gruenwedel

Apple Inc. May 31 said it sold 2 million iPad tablet computers in less than 60 days since its April 3 launch, exceeding analysts’ estimates.

Cupertino, Calif.-based Apple, which began shipping the iPad in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the United Kingdom this past weekend, offers more than 5,000 apps specific to the device. The iPad also accepts more than 200,000 on the App Store, including apps already purchased for the iPhone and iPod Touch.

“Customers around the world are experiencing the magic of iPad, and seem to be loving it as much as we do,” said CEO Steve Jobs, in a statement.

Last week Apple for the first time passed Microsoft in market capitalization (the number of shares multiplied by the stock price) by about $3 billion — a $28 billion dollar reversal since April.

“Apple is showing high growth, with the launch of its iPad and its new iPhone coming out, and while Windows is a great competitor versus the Mac, Microsoft just hasn't come up with new areas of growth,” independent analyst Matt Rosoff told CNNMoney.com.

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