[HangnJudge]

It is good to see an American company,
with American talent,
making products with worldwide impact,
clearly demonstrating the superior nature
of American entrepreneurial spirit

AND making a lot of money at it
AND doing so in the face of ferocious competition
AND ubiquitous naysayers

[Swordmaker]

Apple iPad fastest consumer product in history to reach $1 billion dollars in sales — Including pre-orders, it will do it in an estimated 80 days — PING!

Apple iPad Sales record Ping!

If you want on or off the Mac Ping List, Freepmail me.

[Star Traveler]

The following is information regarding the iPhone and what has happened with it and revenues from it. But the graph goes way back before the iPhone and you can see that the amounts that Apple had in cash was on its way up, and the iPhone was just another one of Apple's wildly successful products.

BUT, with the iPad becoming one of the most successful products around, you can imagine what's going to be happening to that graph now ... hoo-boy! :-)

---

Thanks mostly to the iPhone, Apple's cash and investments rose to about $42 billion as of March 31, nearly three-quarters of the tech company's total assets. In six months' time that figure could approach $50 billion, given Barclays Capital analyst Ben Reitzes's estimate that Apple will generate $14.6 billion in free cash flow this fiscal year.

As a banker, though, Apple Chief Executive Steve Jobs is no Jamie Dimon. Invested heavily in government and corporate securities and commercial paper, based on past disclosures, the money earned an average yield of 0.75% in the December quarter. Apple hasn't disclosed the March-quarter yield.

[ from ... http://online.wsj.com/article/SB10001424052748704133804575198350644055686.html?mod=WSJ_hp_mostpop_read ]

[Mind-numbed Robot]

We probably won’t see the iFail naysayers on this thread. They were in full cry after it was announced but before it was released. The iPad was going o be Apple’s downfall.

Will they ever learn that even this, the iPad, is just another step in a longer term strategy?