Indiana Grain Company, LLC

Posted: 03/05/10

By: tomgrisafi

Stocks got a lift today from jobs and... Jobs.

That is, the Labor Department's February nonfarm payrolls report said the economy shed 36,000 jobs last month. Economists had projected losses of 63,000.

Meanwhile, Steve Jobs did his best to lift equities today with the announced release of the iPad.

Apple today revealed that the iPad will be released on April 3rd. However, only the Wi-Fi version of the iPad will become available first. While a release date is yet to be announced for the 3G and Wi-Fi iPad models, a late April arrival is expected.

Global availability (Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland, the UK, etc.) similarly won't be achieved until late April as well.

On March 12th, pre-orders will begin being accepted for the tablet either via Apple's online store or at a retail outlet.

In the official news release this morning, Apple CEO Steve Jobs stated: “The iPad is something completely new. We’re excited for customers to get their hands on this magical and revolutionary product and connect with their apps and content in a more intimate, intuitive and fun way than ever before.”

Coinciding with the iPad's April 3rd arrival, the iBooks app will also arrive along with Apple's iBook bookstore.

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