It’s here! As expected, CEO Steve Jobs today in San Francisco introduced Apple’s (News
) much-anticipated iPad.
This new tablet-style device provides the iPhone’s (News
) capabilities in a larger format, making it ideal for surfing the Web, emailing, viewing photos and videos, playing games, and – watch out Kindle – reading ebooks.
“It’s so much more intimate than a laptop and so much more capable than a smartphone,” Jobs reportedly said today at the event.
Apple, whose share dropped by 2.3 percent to $201.29 today, has yet to provide details on the availability and pricing of the iPad.
The company faces an uphill battle with the iPad, as a variety of companies in the past decade have introduced devices in the tablet category, but none have seen success in the marketplace.
Edited by Michael Dinan