Three Million New iPads Sold over the Weekend

After Apple said early Monday that it would start paying a $10.60-a-year dividend and buy back stock to spend down its massive cash horde – something some people say Steve Jobs would never have done – and after its stock closed at over $600 for the first time ever – you watching this up there, Steve – the company put a figure on the initial sales of the new iPad, something it wouldn’t do during the dividend call. It said it sold three million of the slabs since they went on sale Friday. Worldwide marketing chief Philip Schiller called it a “blockbuster – the strongest iPad launch yet.”

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