Wal-Mart to start selling Apple's iPad

SAN FRANCISCO Tue Oct 12, 2010 12:51pm EDT

A customer hold the new iPad tablet computer at its UK launch at an Apple store in central London May 28, 2010. REUTERS/Luke MacGregor

A customer hold the new iPad tablet computer at its UK launch at an Apple store in central London May 28, 2010.

Credit: Reuters/Luke MacGregor

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SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc will start selling Apple's iPad tablet computer this Friday.

Wal-Mart said the iPad will be available in hundreds of its stores in the United States to start, expanding to more than 2,300 outlets by mid-November.

Wal-Mart rivals Best Buy and Target are already selling the iPad, which Apple launched in April.

Demand for the 10-inch touchscreen tablet has so far been robust, and Apple initially had a difficult time producing enough.

The company sold more than 3 million iPads in the June quarter, and Wall Street expects the company to surpass that mark with ease in the September quarter.

Apple is set to report quarterly results next Monday.

Wal-Mart will sell the iPad for the same price as other retailers, starting at $499 for the more inexpensive model. The world's largest retailer already sells Apple's iPod and iPhone.

Shares of Cupertino, California-based Apple were up $1.75 at $297.11 in midday trading on the Nasdaq.

(Reporting by Gabriel Madway, editing by Matthew Lewis)

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Comments (3)
byrt wrote:
I suddenly don’t want it anymore.

Oct 12, 2010 8:40pm EDT  --  Report as abuse
paulpry wrote:
vroom – from must-have to ho-hum in six months!

Oct 12, 2010 10:40pm EDT  --  Report as abuse
zaraly wrote:
if walmart is charging the same price…there’s no reason to buy it there.
I Love my iPad. Sorry couldn’t resist, LOVE reading books on my iPad. So convenient. the beautiful 9.7 inch high-resolution display makes iPad a decent device for watching video by used my Aneesoft ipad video converter.so I can convert any kind of video to my ipad.like the big screen……lol

Oct 13, 2010 2:23am EDT  --  Report as abuse
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