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From Apple Insider: iPad component costs adjusted, estimated to cost Apple $260

iSuppli principal analyst Andrew Rassweiler said that more than 40 percent of the costs of the iPad are associated to powering the touchscreen display and components of the user interface.

In February it was alleged that Apple could lower the price of the iPad if initial sales are not as strong as the company hopes. That information was revealed this week after executives from the Cupertino, Calif., company allegedly told one analyst. Management reportedly said it “will remain nimble” in pricing the iPad.

But with opening day sales of more than 300,000, exceeding the first-generation iPhone, Apple likely is not looking to reduce the price of the iPad. The 3G version of the hardware, which offers wireless connectivity through a cellular data subscription and carries a $130 premium, is set to arrive later this month.

Proving again and again and again that Sony and Amazon ripped off their customers on those eInk devices BIG TIME. You don’t honestly think those eInk devices created from “off the shelf” technology using the bare minimum of programming functionality were worth as much as this fully custom made device with thousands of functions do you?

This is the difference between a major corporation building something to meet their customers needs and less than reputable companies deciding to rip off a niche market. The proof is right there in front of you even without the sales hype or the glare.

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"Apple iPad True Cost Analysis Adjusted To $260" by TeddyPig was published on April 8th, 2010 and is listed in iPad.

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