
of kids want an iPad
The Nielsen Company presented a cadre of individuals with a list of nice, shiny gadgets and let them cross off anything and everything they'd like to buy in the next six months, and 31 percent of kids 6-12 picked the iPad as one of them.

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I think the lifetime service deal around is the only viable financial model they have.
And compared to the $50 Peek + $20/month, the cost inflexion is at only 17.5 months at $400 lifetime, 12.5 months at $300 lifetime, and 10 months for a $250 lifetime contract.
Translation, I do think PEEK will be around for another year or so, so if they offered a $250 lifetime deal, you are virtually guaranteed to get your value.
After that, it starts to pay for itself. I won't compare against cell phone carriers, as it is apples and oranges.
Further, even if you break it, a skilled person can transmit the SIM card to another PEEK.
Hopefully the PEEK2 will have calendar and note capabilities. Would be great if they just moved to reduced capability Access OS (the old Palm OS), I think there is a big 'shadow' market for a tethered pda out there, a 'dumbphone' if you will.