Thursday, February 10, 2011

Nobody Predicted The iPad's Growth

Apple sold almost 15 million iPads last year. It is outselling Macs in units, and closing in on revenues.

The 7.3 million iPads sold just in the December quarter represented a 75 percent increase from the September quarter, and the $4.6 billion in revenue represented a 65 percent sequential jump. (The iPad launched in April). By any measure, this is an incredible ramp for an entirely new computing product. It is so startling that nobody predicted it—not bullish Wall Street analysts, or even wild-eyed bloggers

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