"Kim Dotcom has apologised to users of his new website, Mega, for its "poor service quality."

The opening 24 hours of Kim Dotcom's Mega project have not been good from a reliability standpoint, but in terms of popularity, it has been a huge success.

The new "legal" cloud storage website went live in New Zealand at 6.48 a.m. local time on Sunday, and Dotcom threw a huge launch party at his Coatesville mansion, north of Auckland, to celebrate.

However, Dotcom took to Twitter on Tuesday to say sorry to Mega users who have experienced problems with the website.

"The massive global PR around the Mega launch is simply too big to handle for our startup. I apologise for poor service quality," he tweeted. "We are working 24/7 and expect normal operations within 48 hours. Lesson learned ... No fancy launch event for Megabox."

Dotcom hopes to launch Megabox, a music service, in about six months' time.

But Dotcom was coy about just how many people have registered on Mega.

"If I would tell you how many sign-ups we had since the launch, you wouldn't believe it. I can't believe it. So, I won't tell you," he also tweeted.

At the Mega launch and press conference on Sunday, Dotcom told media and invited guests that more than a million people had visited Mega within 14 hours of the site's launch, and about 500,000 had registered as users.

"What we are offering is a smarter, faster, and more secure way of cloud storage, and we are fully assured by our legal team that we are in compliance with the law," he said.

While the site is currently in beta and is a work-in-progress, concerns have been raised over the security of the Mega site. Users currently have no way to delete an account or change the password given by the user during account creation. That means that if an account is hacked, the user has few options available to keep the hacker out.

Is demand for the full-size iPad waning?

Japanese manufacturer Sharp has reportedly cut the number of full-size iPad screens it builds for Apple.

Reuters' sources have claimed that the production line at Sharp's Kameyama plant is running at the 'minimal' level required, just to keep it moving.

The report says a seasonal slowdown may be behind the diminishing production levels as Apple manages its inventory, while analysts believe sales may drop by 40 per cent over Apple's Q4 figures.

Reuters also speculates that demand for Apple's iPad mini over the 9.7-inch tablet may be the cause. The 7.9-inch version has proved to be a massive hit with punters since its launch in October.

Neither Apple nor Sharp have commented on the reports.

Demand down?

Analysts Macquarie Research believe that Apple's full-size iPad will fall from 13 million to around 8 million when it announces its next set of figures.

This may be down to the iPad mini, but also due to high-quality, low-cost Android options like the Amazon Kindle Fire or Google Nexus 7.

The report follows claims that Apple has slashed orders for its iPhone 5 smartphone, due to falling demand. The speculation sent Apple stocks below $500 for the first time in months.

Via Reuters (Thank You)