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Edition: U.S. Article Comments (0) Slideshow Save Email Print Reprints Most Popular Most Shared Iran will not beg to avoid sanctions: Ahmadinejad 9:24am EDT Women tried to smuggle corpse onto plane? 06 Apr 2010 Florida says challenge to healthcare reform widens 07 Apr 2010 Japan's video game visionary: the console is dying 07 Apr 2010 Gameworld: Apple's iPad takes video gaming seriously 11:48am EDT Iran will not beg to avoid sanctions: Ahmadinejad 9:24am EDT Women tried to smuggle corpse onto plane? 06 Apr 2010 Gene found that may predict lung cancer in smokers 07 Apr 2010 Volcker: Taxes likely to rise eventually to tame deficit 06 Apr 2010 Japan's video game visionary: the console is dying 07 Apr 2010 Apple's iPad sets strong sales pace, iAds unveiled Gabriel Madway CUPERTINO, Calif Thu Apr 8, 2010 3:14pm EDT < 1 / 5 > View Full Size CUPERTINO, Calif (Reuters) - Apple Inc CEO Steve Jobs on Thursday revealed stronger-than-expected sales of 450,000 for the iPad since its much-hyped debut, and touted a phone operating system with a new advertising platform to compete with rival Google Inc's. Technology | Media Analysts expect sales of 1 million units or more for the device -- touted as a new class of gadget that will bridge laptops and smartphones -- in the current quarter ending June, and roughly 5 million in 2010, though estimates vary widely. The electronics giant has staked its reputation on the 9.7-inch touchscreen tablet. It is helping foster a market for tablet computers that is expected to grow to as many as 50 million units by 2014, according to analysts. Despite being deemed to have no clear-cut case for use other than pure media consumption, analysts expect Hewlett-Packard, Dell and others to trot out competing devices of their own this year. Since going on sale on April 3, users have downloaded 600,000 digital books and 3.5 million applications for the iPad, Jobs said. At a media event at the company's Cupertino, California, headquarters, Jobs said Apple had so far sold more than 50 million iPhones, the smartphone that competes with Research in Motion's Blackberry and Palm's Pre. Apple is expected to launch the fourth generation model of its iPhone, which was first introduced in January 2007, later this year. Job, looking thin but energetic, said the forthcoming iPhone 4.0 operating system -- also available on iPads this fall -- will carry its new "iAd" mobile advertising platform, marking the company's foray into a small but burgeoning market. iAds will allow applications developers to sell advertisements pocketing 60 percent of the revenue. Apple's entry into the mobile ad arena had been widely expected. This year, it paid $270 million for Quattro Wireless, an advertising network that spans both mobile websites and smartphone applications. Google, which already sells advertising on smartphones, agreed to buy mobile ad firm AdMob late in 2009, U.S. regulators are examining the deal's antitrust implications. Research group Gartner expects the mobile advertising market to grow 78 percent to $1.6 billion in 2010. Jobs also said the new operating system will include support for multitasking -- addressing a perennial consumer complaint -- allowing users to switch between several programs running simultaneously. Shares of Apple turned positive briefly after Jobs' announcement before quickly dipping back into negative territory. They were 0.3 percent lower at $239.94 in afternoon trade on the Nasdaq. (Writing by Edwin Chan; Editing by Steve Orlofsky, Leslie Gevirtz) Technology Media Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters Spring brings U.S. housing renewal as aid ends NEW YORK (Reuters) - Spring could signal a rebirth for the long suffering U.S. housing market even as the economy's weakest link is stripped of government life support. GS, JPM, Citi advise on UAL-US Air talks Apple's iPad sets strong sales pace, iAd unveiled Wall Street rises as retail sales spur economic optimism Greece plunges deeper into crisis Rescuers retreat in West Virginia mine search | Video » More Top News Watch out for bear traps Short investors should be ready to pounce after a 70 percent rally in stocks. So why have they retreated to the sidelines? Full Article Those outperforming junk stocks Fed officials warn on bubbles U.S. Markets Ex-Citigroup CEO "deeply sorry" The former head of Citi says the bank should have been better prepared for the financial crisis. Full Article Felix Salmon: Blaming Prince and Rubin Fed officials warn on bubbles Economy © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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Other News on Friday, 9 April 2010
NATO condemns new Taliban video of US hostage
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Pakistan lawmakers vote to curb president's powers
Afghan police: 5 suicide bombers arrested in Kabul
Apple's iPad sets strong sales pace, iAds unveiled |
Mexico may cut millions of cellphones to fight crime |
Pakistan lawmakers approve landmark reforms
3D TV to face global test in soccer World Cup |
Thailand: Arrest warrants out for protest leaders
Kyrgyz president refuses to admit defeat
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North Korea to expel SKoreans from mountain resort
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NATO aid yet to bear fruit for Afghan farmers
Japan's students slacking off, study finds
Oprah Winfrey to host new global evening show |
Actor Nicolas Cage loses L.A. mansion to lender |
Sex Pistols manager Malcolm McLaren dies from cancer |
A Minute With: Sam Worthington on Titans and skirts |
Netanyahu cancels trip to Obama's nuclear summit
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Kyrgyzstan mourns dead in fragile calm after uprising |
Real life 'Hurt Locker' teams face real Afghan bombs
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Al-Qaeda in Iraq claims Baghdad embassy bombings
US-TECH Summary
China says Iran sanctions talks in NY "constructive"
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Thai army warns protesters it could use force |
Sudan polls to start despite fraud claims, boycotts
Apple's iPad takes video gaming seriously
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Sri Lanka ruling alliance takes early lead in polls |
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Apple's Jobs unveils updated iPhone software
North Korea parliament meets, succession in focus |
Special Report: Southern Sudan: oil boom to bust-up? |
Australia suspends Sri Lankan, Afghan asylum claims |
Mexico may cut millions of cellphones to fight crime
Canadian firm sues 20 top tech firms for patent infringement
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Apple's iPad sales set strong pace
Mexico may cut millions of cellphones to fight crime |
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China executes three Japanese drug smugglers
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US-ENTERTAINMENT Summary
Is Taiwan's male "Whitney Houston" the next Susan Boyle
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PAKISTAN
Date Night battles Titans at box office |
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