Unless you are a kangaroo, I don't think it will fit in your pocket, but Apple released its tablet PC today, pricing it at $499. Is it a giant iPhone, or is it a Kindle killer? Well, at least it will likely kill its price as there is little comparison between the devices.
“At that price, they’ll sell millions,” said Hakim Kriout, a portfolio manager at New York-based Grigsby & Associates, which owns Apple shares. “It’s very, very affordable for what it does. This is going to add a huge revenue stream for Apple.” " Bloomberg.
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.
Computed with StraddlesCalc Tool
iPad: the iPhone for Kangaroos. Easily fits in your pocket.