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Costa Rica Based Bookie Betting Against iPad Success To That Of The iPhone

Costa Rica based Youwager.com doesn't believe that the iPad won't be as big as the iPhone when Apple's new gadget makes its debut. The online bookmaker says the odds stacked against Apple's iPad reaching 1 million sales as quickly as the iPhone.

The iPhone went on sale in June 2007. It took only 74 days to get to 1 million sales.

The iPad, which is basically a larger version of the iPhone, without the "phone", is set to debut on April 3, 2010 and the bookmaker says it has only a 72% probability that it will reach the same sales level as the iPhone.

Youwager.com is taking bets on that.

“No matter what they put out on the market, there’s going to be large sales, but with this particular product, we don’t think it’s as practical as the iPhone,” Brian Sanz, who works on YouWager.com's wagering, auditing and research development in San José, told Blooomberg.

Apple has received thousands of iPad preorders according to the Wall Street Journal, citing that people's familiarity with the matter as a marker.

Apple is betting on the fact that tablets like the iPad are "emerging devices". Apple expected more than 4 million iPads sold in the first year.

However, that will all be up to the consumer and how they take to the iPad, a product that is not cheap compared to netbooks - small notebook computers that easy to carry on the go, with limited features like slow clock speeds, snall hard disk, low ram memory, etc. - that sell for under us$300. The iPad starts at us$499, but can reach $800 with the bells and whistles.

To date Apple has sold more than 42 million iPhones.
 







 
 
 
 
 

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