Apple tonight debuted the company’s first iPad commercial during Academy Awards broadcast. It’s an introductory ad designed to show off iPad’s versatility and screen size:
Direct link via YouTube here.
In related news, Apple CEO Steve Jobs was spotted entering The Kodak Theater in Hollywood for tonight’s Oscars ceremony. More info and photo here.
UPDATE: 8:58pm ET: Pixar’s “Up” has just won the Oscar for Animated Feature Film.
UPDATE: 9:43pm ET: Apple now has a version of their new iPad ad online here.