The iPed is a Black Market Version of the iPad

 - May 29, 2010   Updated: Aug 18 2011
References: & kotaku
The iPed is here! Yes, you read correctly, the iPed, not the iPad. The iPad is a tablet designed by Apple, while the iPed is the black market Chinese version of said innovative gadget.

Slightly heavier than the original, the iPed runs with an Intel processor and Google's open source operating system, Android. No word on whether Apple has heard of the iPed or if they've filed a lawsuit against the Chinese company.

Implications - Corporations often try to peddle imitation wares of famous brand products to consumers, hoping to capitalize on the original product's popularity. Corporations may consider releasing products associated with their own popular wares in order to capitalize off the popularity of their own brand names.