The wait is over, Apple’s iPad finally arrived last week and as usual it was sold out at most locations. Apple reported that they sold over 300,000 iPads on launch day…300,000! Developers have already launched apps for the iPad, although not as many apps are available to iPad users as there are to iPhone users; there are still quite a few options with more to come. What are some of the finance apps available on the iPad?
Bloomberg
I have used Bloomberg app on the iPhone for the past two years, however the iPad version makes Bloomberg an even greater app. This app allows you to follow financial news and track your portfolio, rather than looking up each security individually. You can call up your dashboard with all the stocks you follow and on just one page you have all the important data regarding your stocks. You can select news from specific categories such commodities sector, bond market, or world wide news.
- Bloomberg on iPad
Expense Tablet
This is a neat app to help you create a budget and track month-to-month spending. The app is very simple to use and can create customized categories. You can track balances in different accounts, however this will require manual input since the app does not connect to your bank.
- Expense Tablet on iPad
Thomson Reuters Marketboard
Do you need to follow financial news and keep track of the world markets? Thomson Reuters Marketboard may just be the right app for you. With this you can not only keep current with business news, but you can also track corporate events and earning announcements. This app is great for user who are interested in more detailed news rather then general news.
- Thomson Reuters Market Board on iPad
E*Trade Mobile Pro [USA]
If you are a trader or like to keep a close eye on your stocks then this E*Trade app can come in handy. E*Trade Mobile Pro is available on the iPhone, however if you have ever tried to use the app on the iPhone you have probably realized that the small screen makes this a difficult task. E*Trade Mobile Pro on the iPad however makes this a somewhat more pleasant experience. With this app E*Trade customers can access their accounts, view live quotes, follow financial news and make trades.
Dragon Dictation
Although not necessarily a personal finance app, Dragon Dictation can be a very useful app for iPad users. Typing on the iPad has received mixed reviews from users, some find it okay while many are not very pleased with it. Dragon Dictation is a great app for those who will be typing a lot on the iPad, it’s simple to use and seems to do a very accurate job. Dragon Dictation will translate your voice into text so no typing is required.
- Dragon Dictation on iPad
iPad users unfortunately do not have as many options in terms of apps as iPhone users do, however I am sure many more apps will be developed over the next few months.
What are your thoughts on the iPad? What are your favorite apps?
Ray is an ex-financial adviser and the founder of Financial Highway. Currently working in the financial industry and working towards completing his Chartered Financial Analyst, CFA, designation.