New iPad Sales Go Through The Roof

Apple has confirmed record-setting new iPad sales with insiders claiming that Apple will sell a Million units in Australia this year.

Overnight the Company said that they have sold three million of their new iPads it launched over the weekend. While a record was expected, Senior VP of Worldwide Marketing Phil Schiller characterized it as a breakthrough.

“The new iPad is a blockbuster with three million sold — the strongest iPad launch yet,” he said.

Apple’s sales were helped partly by online-preorders, which guaranteed a buildup of sales, as well as having its widest first-day release yet through 10 countries. Its performance significantly eclipses that of any Android maker to date. Amazon as the strongest competitor is unofficially thought to have taken a whole quarter to get four to six million Kindle Fires. Motorola sold one million tablets all of last year, which if averaged out would mean Apple had sold that amount in just one day.

Many retailers still have stock and suggest that Apple was better at meeting demand for the new iPad’s launch than it has with previous iOS device releases.

Analysts claim that Apple on a fast track to become the largest revenue earning technology company in the world.

Now for the first time since 1995, Apple is handing out up to $45 Billion in dividends to stockholders.

The late Apple co-founder Steve Jobs had long hesitated in issuing dividends. The last time the company offered a dividend was in 1995, before Jobs returned as company CEO.

Apple CEO Tim Cook emphasized that the company had more than enough cash to afford to do so and still have enough left over to innovate. “We have plenty to run the business, and we felt it would be the right action to declare a dividend,” Cook said, according to the San Jose Mercury News. “It’s great for shareholders,” he said, “and it’s fantastic for attracting new investors.”

Apple’s first earnings report of 2012 showed a 118 percent jump in profit for January.