CUPERTINO, Calif. ( TheStreet) -- Apple (AAPL - Get Report) CEO Steve Jobs unveiled the hotly anticipated Tablet device -- the iPad -- which will be available at the end of March at a range of prices, from $500 to $830.
At a press conference in San Francisco Wednesday, Jobs called Apple the world's No.1 mobile device maker, bigger in revenue than Nokia (NOK - Get Report). And in a surprise move, he named AT&T (T) -- and apparently not Verizon (VZ) -- as the iPad's 3G telco partner.
The stripped-down version of the iPad will cost $500 and comes enabled with WiFi connections only. The 3G verisons start at $630 and go up to $830. The 3G prices do not include a data service plan from AT&T, which go for $15 a month or $30 a month (for unlimited use).
AT&T shares jumped 3% to $26.01 and Apple's stock rose 2% to $209.75 immediately after the pricing was announced Wednesday.Jobs called the iPad a new category of devices that can outperform laptops and smartphones by delivering Web browsing, pictures, videos, music, games and e-books.
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