Apple's iPad sales highlight tech action

Gains from Apple Inc. highlighted a broad advance in the tech sector Monday as Apple said it sold more than 300,000 iPads during the first day of the touchscreen computer's release.

Apple rose 27 cents a share to $236.22 after the company rolled out the iPad on April 3. The company released a statement saying it had sold more than 300,000 iPads in the U.S., and that more than 1 million applications for the iPad had been downloaded from Apple's App store on Saturday.

The version of the iPad released over the weekend uses Wi-Fi technology to access the Internet. Another model, with 3G network capability, is set to be released in about a month.

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- Posted: 2010-04-05 11:05:41

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