New iPad craze hits Greece

The new iPad is on sale in Greece and as everything shows, it will continue at an even swifter pace. According to preliminary estimates from the domestic market, the interest in the new Apple tablet defies all precedent. It is estimated that if the demand could be satisfied within the next few weeks, then sales would be comparable to those of the 2011 total, when an estimated 48000 tablets were supplied in Greece, with 6 out of 10 being iPads. At the same time, the Apple tablet exceeded 70% of the Greek market sales value, which in total is estimated to have moved to over 26 million.

On Friday, the new iPad will arrive in the Greek shops, just a week after its launch in ten major markets of America, Western Europe and Eastern Asia. According to Apple, the new iPad made the best start compared to the past two models, with sales worldwide rising to 3 million devices within the first three days. Since early on Friday morning, in fact, hundreds of Greek fans of technology have been rushing to Apple stores to buy the new iPad.

The picture from the New York Stock Exchange remained positive for the second week. Despite the analyses which saw Apple stock prices going down after the important announcements of new products, its upward climb has been explosive, compared only to that of January 2007, when Steve Jobs held the first iPhone in his hands. A day after the new iPad was launched, Apple’s stock in Wall Street exceeded the 600-dollar barrier by one cent, moving in record high prices and recording a 45% increase since the beginning of 2012. The announcement for the provision of 45 billion US dollars from its reserve, which is estimated at 98 billion, with a split dividend for the first time since 1995 and a three-year rebuying of bonds program, pushed the stock price even higher to reach over 609 dollars. Thus, Apple’s market value stood at 565 billion dollars.

However, some analysts commented that the part about the reserve at a depth of three years is essentially a move to impress the markets at the same time as the Apple fund is estimated as having multiple profits flowing in, which will be distributed to shareholders.

Many investors, however, seem eager to anticipate the commercial success of the new iPhone, which is likely to occur before the Olympic Games in London, such as the rumored entry of Apple in the TV market in order for it to give a battle in four fronts: smartphones, tablets, computers and television sets, where every major manufacturer evangelizes the common user experience and seamless exchange of content between devices.

The CEO of Apple and successor of Steve Jobs, Tim Cook, spoke during the new iPad presentation on the post-PC era, where tablets have a rapidly growing market share in computers, portable communication and entertainment.