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Apple iPad Ready for Overseas Debut

Apple (AAPL - Get Report) says the iPad will be available in nine countries later this month after supply shortages forced the company to delay its international push.

Apple says the iPad will be available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the U.K. by May 28. Apple will also start taking preorders for the tablet device in those countries on Monday.

Apple has sold 1 million iPads in the first month, a strong debut for the first new Apple product since the introduction of the iPhone in 2007. Due to high demand and limited supply, Apple had to delay overseas iPad sales a month.

Wait, We're Going to Read Together? (Forbes)

The company plans to add nine more countries to its iPad distribution list in July. Apple says those next nine countries are: Austria, Belgium, Hong Kong, Ireland, Luxembourg, Mexico, Netherlands, New Zealand and Singapore.

Apple shares were down $2.58 to $243.67 in early trading Friday. The stock fell 21% at one point during the market dive Thursday before recovering to end the day down 4% at $246.25.

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SYM TRADE IT LAST %CHG
AAPL $124.53 -1.75%
FB $85.80 -2.51%
GOOG $521.52 -1.91%
TSLA $262.02 -1.90%
YHOO $38.91 -2.87%

Markets

DOW 17,596.35 -350.33 -1.95%
S&P 500 2,057.64 -43.85 -2.09%
NASDAQ 4,958.4680 -122.0370 -2.40%

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