Popular Science Sells 10,000 iPad Subscriptions in First 5 Weeks

           Popular Science magazine has garnered more than 10,000 subscriptions for its iPad app, Bonnier Technology Group publisher Gregg Hano confirmed to Mashable Wednesday.

That might be only a sliver of the 1.2 million print subscriptions Popular Science has maintained to date, but it’s a promising start.

Since its launch in April 2010, the magazine has been selling an average of 10,000 to 12,000 single issues per month at $4.99 apiece, the same as its basic newsstand cover price. Although the app itself has received largely positive reviews from press and consumers, the latter were frustrated by the price.

“The problem was that readers could subscribe to the print version of Popular Science and get a discount, but they couldn’t on tablets,” Hano explains. “When Apple decided to offer up a subscription model, we [finally] found a way to give consumers what they want,” he adds.

Popular Science began offering subscriptions on February 16, just one day after Apple enabled publishers to do so. Subscriptions are priced at $14.99 per year, $2.00 more than the price of an annual print subscription. (Not incidentally, the extra $2.00 covers about half of Apple’s standard 30% cut.) Single copy iPad sales have since declined to a steady 2,500 per month, a spokesperson say

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The Making of iPad 2 : Comparison and Insights

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iPad 2 Under production

It is strongly believed that Apple  has the next generation of its iPad in production, according to a Wall Street Journal report that appears to confirm many of the rumors that have been circulating for the past couple of months.Earlier this month, a Reuters "eyewitness" claimed to have seen an iPad 2 prototype at the press unveiling of News Corp.'s The Daily. However, that alleged sighting did nothing to confirm or dispel rumors that the new device will sport a USB port.

The new tablet will feature a faster processor and a built-in camera for videoconferencing, but it will have the same display resolution as the first model, according to the report, which cited people familiar with the matter. The new model will reportedly be sold through current partners AT&T and Verizon Wireless--suggesting it might be dual mode for both GSM and CDMA networks. However, the report did not indicate when the new iPad might be hitting store shelves or what the pricing might be.

Apple has sold 14 million iPads since its release last April, 7.33 million units alone during the holiday quarter, and Piper Jaffray expects Apple to sell 27 million iPads in 2011. All of that fervor has helped fuel rumors of specs, sightings, and even a claimed component acquisition.

 

Tech site 9to5Mac claimed earlier this month that it had acquired what it believed to be an iPad 2 LCD, "fresh out of China." The news site found the display to be lighter, thinner, and of higher quality than the current iPad's display, but it could see no evidence that it offered higher resolution than the existing model.

 

Though a number of sites have reported finding higher resolution graphics in recent builds of Apple's iOS, an analyst cited by Apple Insider in January said the iPad 2 would not have a high-resolution Retina display, corroborating an earlier CNET report

 

Component makers in Taiwan said in December that Foxconn--a key maker of iPhones and iPads--had been notified that it should be ready to ship 400,000 to 600,000 units of the new device by the end of February.

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