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Apple’s new record: iPad the fastest consumer product ramp to $1 billion (sales)
Mac Daily News ^ | Thursday, May 06, 2010 - 11:00 AM EDT

Posted on 05/07/2010 5:06:07 PM PDT by Swordmaker

Apple announced on Monday that it has sold more than 1 million iPads since its announcement on January 27," Carl Howe blogs for The Yankee Group. "I’m counting since January 27 only because pre-orders are included; the reality is the most of those sales and deliveries have been in the last 30 days."

MacDailyNews Note: iPad pre-orders began on March 12th, not January 27. [Thanks, Steveeee.]

Howe continues, "Assuming that rate continues in May (and because even Apple Stores keep running out of stock that seems likely), we’ll see Apple having sold about 1.5 million units by the end of May. Average sales prices seem to be in the $645 range (16 GByte WiFi and 64GByte 3G units seem to be the top sellers)."

Howe writes, "Do the math, and we discover a quite remarkable number: Apple’s iPad will likely take the crown for the fastest consumer product growth to the $1 billion revenue mark in history, taking less than 120 days from announcement to reach that milestone."

MacDailyNews Note: Measuring not from the announcement, but from when the product hit the market for pre-orders, Apple actually will accomplish it in just 80 days (from March 12, when iPad pre-orders began, to May 31st, around when Howe estimates they'll hit the $1 billion milestone).

Full article here.



TOPICS: Business/Economy; Computers/Internet
KEYWORDS: ilovebillgates; iwanthim; iwanthimbad; microsoftfanboys
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1 posted on 05/07/2010 5:06:07 PM PDT by Swordmaker
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To: Swordmaker

It is good to see an American company,
with American talent,
making products with worldwide impact,
clearly demonstrating the superior nature
of American entrepreneurial spirit

AND making a lot of money at it
AND doing so in the face of ferocious competition
AND ubiquitous naysayers


2 posted on 05/07/2010 5:08:59 PM PDT by HangnJudge
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To: ~Kim4VRWC's~; 1234; 50mm; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; Aliska; ...
Apple iPad fastest consumer product in history to reach $1 billion dollars in sales — Including pre-orders, it will do it in an estimated 80 days — PING!


Apple iPad Sales record Ping!

If you want on or off the Mac Ping List, Freepmail me.

3 posted on 05/07/2010 5:09:32 PM PDT by Swordmaker (Remember, the proper pronunciation of IE isAAAAIIIIIEEEEEEE!)
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To: HangnJudge
It is good to see an American company, with American talent, making products with worldwide impact

Yes, a good American product manufactured in Communist China.

4 posted on 05/07/2010 5:15:56 PM PDT by stripes1776 ("That if gold rust, what shall iron do?" --Chaucer)
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To: stripes1776
Yes, a good American product manufactured in Communist China.

Like another good American company
WalMart

5 posted on 05/07/2010 5:17:37 PM PDT by HangnJudge
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To: HangnJudge

95%+ of the ipad is made in Commie China and Taiwan. (my guess) You would be hard put to find a chip actually made here but it might well have been designed in USA by Apple or a US partner

As far as the intellectual efforts to design and make such a device. My guess is 60-65% by Apple meaning American talent or at least foreigners laboring for Apple

The rest of the intellectual effort is Taiwanese and from Mainland China. (my guess)


6 posted on 05/07/2010 5:28:25 PM PDT by dennisw (It all comes 'round again --Fairport)
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To: dennisw
The rest of the intellectual effort is Taiwanese and from Mainland China.

Apple owns the CPU company. They have some of the brightest engineers on the planet. They hire the right consultants as well. Why do people feel the need to disparage such a successful company? Is it jealousy? Sour grapes? Stupidity?

7 posted on 05/07/2010 5:37:57 PM PDT by Glenn (iamtheresistance.org)
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To: dennisw

The A4 is based on ARM processor architecture.


8 posted on 05/07/2010 5:38:42 PM PDT by seton89 (Use Amendment X as your email signature)
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To: Glenn

When did Apple buy ARM or Intel?

One of the funniest moments in computing history was when Apple switched from the PowerPC to x86. Overnight, Jobs-zombies went from trashing Intel and worshiping the PPC to the opposite.


9 posted on 05/07/2010 5:45:30 PM PDT by edh (I need a better tagline)
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To: edh
hen did Apple buy ARM or Intel?

The subject is the iPad.

10 posted on 05/07/2010 5:50:34 PM PDT by Glenn (iamtheresistance.org)
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To: Glenn

Ok, so when did Apple buy ARM? I know they made their own custom chip for the iPad (great move on their part), but its all ARM based.


11 posted on 05/07/2010 6:04:08 PM PDT by edh (I need a better tagline)
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To: HangnJudge
Like another good American company WalMart

Exactly. America imports products from Communist China, and in exchange American exports debt to them. Khrushchev was correct: they will bury us, but in a sea of Red ink.

12 posted on 05/07/2010 6:07:14 PM PDT by stripes1776 ("That if gold rust, what shall iron do?" --Chaucer)
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To: Glenn

Fine Glenn. Don’t state the negative. Why don’t you come up with your own breakdown as far as who provided the intellect to design and manufacture the ipad. Run it by me Glenn. Please bear in mind that the Chinese, Taiwanese and Japanese and Koreans are masters at designing actual shop floors where actual things are actually made. Hmmmm I should revise the Apple contribution lower

GM and Boeing have designed shop floors. Does Apple ever do that? I already gave Apple 65% credit for the intellectual effort. OK make that 75% due to Apple designing the OS.


13 posted on 05/07/2010 6:07:52 PM PDT by dennisw (It all comes 'round again --Fairport)
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To: seton89

The A4 is based on ARM processor architecture.>>>>>>>>

Apple has to license from ARM. A UK company I believe
______
______

Company Profile
Company Profile Image
ARM Holdings is the world’s leading semiconductor intellectual property (IP) supplier and as such is at the heart of the development of digital electronic products. Headquartered in Cambridge, UK, and employing over 1700 people, ARM has offices around the world, including design centers in France, India, Sweden, and the US.
Company Highlights

* The world’s leading semiconductor IP company
* Founded in 1990
* Over 15 billion ARM based chips shipped to date
* 600 processor licenses sold to more than 200 companies
* Royalties received on all ARM-based chips
* Gaining market share in long-term secular growth markets
* ARM revenues typically grow faster than overall semiconductor industry revenues

The ARM business model involves the designing and licensing of IP rather than the manufacturing and selling of actual semiconductor chips. We licence IP to a network of Partners, which includes the world’s leading semiconductor and systems companies. These Partners utilize ARM IP designs to create and manufacture system-on-chip designs, paying ARM a license fee for the original IP and a royalty on every chip or wafer produced. In addition to processor IP, we provide a range of tools, physical and systems IP to enable optimized system-on-chip designs.


14 posted on 05/07/2010 6:11:54 PM PDT by dennisw (It all comes 'round again --Fairport)
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To: All
The following is information regarding the iPhone and what has happened with it and revenues from it. But the graph goes way back before the iPhone and you can see that the amounts that Apple had in cash was on its way up, and the iPhone was just another one of Apple's wildly successful products.

BUT, with the iPad becoming one of the most successful products around, you can imagine what's going to be happening to that graph now ... hoo-boy! :-)



Thanks mostly to the iPhone, Apple's cash and investments rose to about $42 billion as of March 31, nearly three-quarters of the tech company's total assets. In six months' time that figure could approach $50 billion, given Barclays Capital analyst Ben Reitzes's estimate that Apple will generate $14.6 billion in free cash flow this fiscal year.

As a banker, though, Apple Chief Executive Steve Jobs is no Jamie Dimon. Invested heavily in government and corporate securities and commercial paper, based on past disclosures, the money earned an average yield of 0.75% in the December quarter. Apple hasn't disclosed the March-quarter yield.

[ from ... http://online.wsj.com/article/SB10001424052748704133804575198350644055686.html?mod=WSJ_hp_mostpop_read ]

15 posted on 05/07/2010 6:15:22 PM PDT by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
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To: Swordmaker

Obviously those people have more money than brains, and are liberal tree-huggers who support cap and trade. Building an iPad can be done in a half-hour, using stuff around any home in America, and the operating system can be written on an Etch-a-Sketch by a blindfolded chimp with one arm. (or other ridiculous unsubstantiated hyperbole) ;’)


16 posted on 05/07/2010 8:38:30 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: dennisw

ARM based chips are used in everything from light switches, washing machines to cars. 95% of mobile phones have a couple of ARM chips. Their attraction is efficiency relative to power demand (think battery life). Intel chips are gluttons in comparison.

I’m sure there are several in your immediate vicinity.


17 posted on 05/07/2010 9:24:37 PM PDT by seton89 (Use Amendment X as your email signature)
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To: seton89

Thanks. I was pretty much oblivious of ARM chips until the ipad came out. Seems they are in cellphones too


18 posted on 05/08/2010 12:06:26 AM PDT by dennisw (It all comes 'round again --Fairport)
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To: dennisw
Not too knowledgeable in the area of Design for Manufacturability are you? A properly designed product makes shopfloor design effortless...
19 posted on 05/08/2010 8:24:50 AM PDT by TXnMA (Remember the Alamo! Remember Goliad! REPEAT San Jacinto!!)
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To: TXnMA

http://www.google.com/search?num=100&hl=en&client=firefox&hs=nF7&rls=com.ubuntu%3Aen-US%3Aunofficial&q=apple+ive+%22Design+for+Manufacturability%22+&aq=f&aqi=&aql=&oq=&gs_rfai=

http://www.google.com/search?num=100&hl=en&client=firefox&rls=com.ubuntu:en-US:unofficial&ei=woTlS6SHMoSClAfWxsD5Cg&sa=X&oi=spell&resnum=0&ct=result&cd=1&ved=0CBYQBSgA&q=%22Designing+for+Manufacturability%22+jonathan+ives&spell=1

Zero hits.....what Apple does in not a big deal these days though perhaps Apple is much better at “designing for manufacturability”. In Asia that’s done for all high end items. You think Honda doesn’t have “design for manufacturerability” in mind?


20 posted on 05/08/2010 8:36:26 AM PDT by dennisw (It all comes 'round again --Fairport)
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