this is the a status symbol more than anything...
like a rolex. i mean, you can always buy something cheaper and it can still tell the time... you can even just use your celphone to tell th time (like i do)... but nope, you wear a Rolex, something that is impractically expensive to tell the time.
so yes, you can read the news anywhere... laptop, physical paper, etc. but when you are reading it on an Ipad ... its saying "i have nothing to do with $500, thats why i got this cute thing... it goes well with my top too. and oh, im bringing out my macbook out of the car too so i can transfer songs... and wait... somebody is texting me on my Blackberry"
*lol*
status symbol. only someone loaded can buy something as impractical as this.