The Internet is abuzz with stats about iPad trade-ins going through the roof as the March 7 iPad 3 unveiling in San Francisco looms closer, and while percentages and graphs are vaguely interesting, the real meat to the story concerns where and how people can get the most bang for their buck.
We may not use cash as often as we once did, but there are still times when it comes in handy or is necessary, and that can pose some problems for the visually impaired. They now have one other possible solution courtesy of LookTel, however, which has just released its new Money Reader app for iOS devices. Using a “patented and proprietary object recognition technology,” it’s able to recognize paper bills (from $1 to $100) instantly, and simply speaks the value aloud. What’s more impressive, though, is that you don’t need to hold the bill steady in front of the camera, or even have the whole thing in the frame — even just thumbing through a stack will work. See for yourself in the video after the break, and hit up the App Store to grab it now for $1.99.