NEW YORK (
) --People buying the new
iPad in droves is nothing new. The composition of the purchases however, is something that has raised some eyebrows.
that more than 3 million people purchased the new iPad on its opening weekend. Baird Equity Research analyst William Power conducted a survey that found significantly more buyers in the past were choosing the high-speed option for the iPad than in the past.
The new iPad runs on Long Term Evolution (LTE) networks from
. Power said that 36% of respondents plan to purchase the LTE-enabled version of the iPad. Previously, around 80% of iPad buyers purchased the Wi-Fi only version of the iPad. Power also noted that a majority of the respondents said they would use the connection from AT&T and Verizon daily.
wants to know what you think about LTE. Do you think it's worth having on your iPad or no? Respond with your answer, and we'll post the results Tuesday.
Over the weekend, Apple released the new iPad in 24 additional countries, including Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Greece, Hungary, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Macau, Mexico, The Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
Shares of Apple are higher in Monday trading, up 70 cents to $596.75.
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Written by Chris Ciaccia in New York
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