Replies

I almost think that the competitors to the iPad are too late out of the gate. So many people now own iPads, and the defacto name for a tablet type device is now an “iPad”, just as an internet search is called a “google”. Very difficult to overcome.

I agree. It's similar to when the iPod came out in the early 2000s. It almost immediately became uncool to own any other brand of MP3 player.

As I've stated previously on Apple related threads, I believe Apple will sell over one billion (1,000,000,000) iPad devices worldwide♠ over the next decade. For Apple shareholders, this represents $600b in revenue just for the iPad alone. Hold on to those shares!

I almost think that the competitors to the iPad are too late out of the gate. So many people now own iPads, and the defacto name for a tablet type device is now an “iPad”, just as an internet search is called a “google”. Very difficult to overcome.

I agree. It's similar to when the iPod came out in the early 2000s. It almost immediately became uncool to own any other brand of MP3 player.

As I've stated previously on Apple related threads, I believe Apple will sell over one billion (1,000,000,000) iPad devices worldwide over the next decade.

From the comments, after the article:
an iPad is as much of a PC as any other, which is why iPad sales growth has seriously dented PC/netbook sales. So iPads are personal computers and make Apple the largest PC maker based on shipments. iPad revenues therefore add to Apple's computer revenue stream. Let's see the actual revenue contribution by product line on 18 January.

For Apple shareholders, this represents $600b in revenue just for the iPad alone. Hold on to those shares!

Funny you should mention that today, after my broker called me up to say that it was company policy to call any client whose holding in any one stock had done as well as AAPL has lately, to raise the issue of rebalancing to reduce risk. Given my opinion of AAPL in this decade, I should be rich - but I seem to have a genius for bad timing. In reality, my AAPL holding is too small a percentage of my portfolio - and has been all decade long. Well, in hindsight most of us could say that . . .
At any rate, I'm going to hold. What I might do, tho, is make my charitable donations in AAPL stock - and buy it back at a higher cost basis for tax purposes . . .