Business Journal Report (4-17-12)

In business news for Tuesday, April 17th, 2012 -- Apple stock owners can breathe easy -- within the last week, Apple took a nearly $65-per-share hit.

Apple's new iPad now on sale in stores, online

(CNN) -- The latest version of Apple's iPad, the genre-defining tablet computer that has outperformed virtually everyone's expectations since first released in 2010, went on sale Friday.At Apple's flagship retail store on Manhattan's Fifth Avenue, lines snaked around an entire city block as the doors swung open"I bought for my husband two weeks ago, and then Apple surprised me by announcing the new one," Dezi Swing of Manhattan told CNNMoney. "The new iPad has better resolution, so I think he'll like that.