WSJ: iPad 2 Hits The Production Line

Feb 09 2011

Less than two months after getting my iPad, it’s already obsolete. The Wall Street Journal is reporting that the iPad 2 is in production. The new iPad will sport the following new features:

The new iPad will be thinner and lighter than the first model, these people said. It will have at least one camera on the front of the device for features like video-conferencing, but the resolution of the display will be similar to the first iPad, these people said. It will also have more memory and a more powerful graphics processor, they said.

The new iPad will initially be available through Verizon Wireless and AT&T Inc., but not Sprint Nextel Corp. or T-Mobile USA in the U.S., according to some of the people familiar with the matter.

The iPad has been a huge money-maker for Apple, even though it has been less than a year since its release:

Since the iPad’s release, Apple has sold 14.8 million units of the device. In Apple’s December quarter, its most recent financial results, which it reported last month, the tablet contributed $4.6 billion in sales, or 17% of the company’s overall revenue.

I’m predicting sales will surge with the release of the iPad 2. If Apple’s history holds true, then the original iPad will be sold as the cheaper model, making this great device more affordable to more people.

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