Laptop. I have an iPad and I love it! But the truth is there are things you need a laptop for that your iPad can't do... And you need a computer to sync your iPad too. I haven't used my laptop much since I had my iPad.. But you have to have one to use the iPad. You may could get em both! You can get a cheap laptop $400 or so that can give you what you need for the iPad and what the iPad can't do. You can get an iPad now for $600.
My sister bought a 600$ iPad she thought she would use it alot but she use the new computer that my dad got so what I'm saying is get one that has your needs my guess a laptop like there's so many features on apple products that you pay for but don't use them so get a good decent laptop because u save money and don't have to pay for anything ur not gonna use
I got my iPad2 five months ago, and since then I've never used my laptop ever again! You can do pretty much everything with an iPad! browsing, chatting, watching movies, video chatting, and even working on your word and excel document, by purchasing the app "Pages" it's awesome! I would go with the iPad, but you have to have a laptop for syncing and updates.