By now you should be very familiar with the company called Twelve South, a company which makes and designs products specifically for Mac users and Apple devices. The Compass is Twelve South's newest creation which is made out of heavy gauge steel and finished to match your iPad. The Compass is a foldable stand that is also very portable and allows you to display your iPad in both landscape and portrait modes. Also, the Compass has one more feature that allows you to angle your iPad for typing mode. The Compass is now available for $39.99 + free shipping.
Source Twelve South