March 8th, 2010, 20:41 PM
IPad to hit stores April 3
Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.
The news sent shares of Apple surging as much as 4.3 percent to an all-time high of $219.70 on the Nasdaq, as analysts said the speedy international rollout could help build sales momentum.
The 9.7-inch touchscreen iPad, which is designed to surf the Web, play video and games, and read digital books, is the most anticipated product launch from Apple since the iPhone in 2007.
Chief Executive Steve Jobs unveiled the tablet in late January, but the company did not announce any international markets until Friday, when it said the tablet will go on sale in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April.
Full story: Reuters