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Did Apple get iPad’s price right or wrong?

What does Apple’s iPad mean for AAPL investors?

Eric Rosenbaum reports for TheStreet.com, “Many Apple watchers had anticipated that the new tablet device would debut with a price tag of $999. Apple surprised the market with Steve Jobs stealing a page from Ron Popeil’s infomercial playbook and offering the iPad at the low-low price of $499.”

“Maybe some of the negative reaction to the iPad has to do with the price: there is a fine line between over-pricing and pricing at a point where U.S. consumers assume the device can’t be all that great if it’s too easily within reach of their wallets,” Rosenbaum wonders. “Maybe the fact that 10% of the U.S. population is still unemployed has just made it an inopportune time to introduce a new toy — though the success of Amazon’s Kindle e-reader would suggest that finding an audience for the right product will not be a problem.”

MacDailyNews Take: What success? Amazon has offered no proof of success beyond saying vaguely “Kindle is a success.” (Please see related articles below.)

Rosenbaum continues, “Thus, we ask the tech-savvy reader of the TheStreet, will investors be had if they bet on the success of the iPad?”

Full article, with an opportunity to vote in their online poll at the article’s end, here.

MacDailyNews Take: The answer to our headline is: Right. Apple’s pricing is mighty enticing from the base model on up to the top-of-the-line and the rates they’ve secured from AT&T are excellent as well.

[Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]

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