This is the Ozaki iFinger M stylus, and it is made for the iPhone. Let’s just say that it will work on the iPad as well, because my Source says it will work on all iP devices.

The pen is a small size, so I guess that means it is easily portable. It looks like something that you could easily lose, though. Not only that, it costs $22. I think one of those black stylus pens is cheaper at $0.95. That, or you could use a sausage, but the price on those varies. Or you could combine the two and use the iPhone Stylus Sausage.

Source

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