Apple has just launched the second edition of its very popular iPad product. The iPad 2 was launched by Steve Jobs this morning and it has already sparked a 5% share price increase in Apple stocks.

For the past two years Apple stocks has been on the strong rise and this is looking to grow even further after Jobs announced the impressive figures from iPad sales. These figures show that Apple is in a great position in the tablet market with over 90% marketshare.

The iPad 2 features major hardware and design upgrades from the original iPad. The iPad 2 will feature an A5 processor which will rapidly increase speed and graphics. Plus, the iPad 2 features front and rear cameras which will make video calls even easier.

How do you think the iPad 2 will affect Apples stock price?

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Apple iPad 2 Launch Has Spiked Stock Price originally appeared on: Crenk
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