Is education Apple’s (NASDAQ:AAPL) next big growth sector? Apple will soon become a partner in education for many students in the California public school system after the Los Angeles Unified School District recently announced that it has awarded the Cupertino-based company a $30 million contract to provide its students with iPads.
The Los Angeles Unified School District is the second-largest school district in the country and encompasses 47 separate campuses. According to the Los Angeles Times, the school district is purchasing the iPads pre-loaded with educational software at a cost of $678 per device.
Several members of the Board of Education had to abstain from the vote because they own Apple stock, but the measure still managed to pass 6 to 0. Deputy Superintendent Jaime Aquino noted that Apple’s iPad “received the highest scoring by the students and the teachers.”