Apple's (AAPL) iPad remains the icon of the company's breakthrough in Tablet industry. It is the solid component of the Apple's business model, the future of Apple is focused on generating future revenue growth - and the iPad is their way to attain them.
Analysts' outlook on the iPhone 5s still have some sentiments in light of the recent news of its Debut Weekend Sales.
Steve Jobs on iPad as The Future of Apple.
The phenomenal Apple iPad was formally introduced in January 2010. During an interview in June 7, 2010, Steve Jobs predicted the future of the tablet industry:
When we were an agrarian nation all cars were trucks because that's what you needed on farms...but as Americans moved into the urban areas cars got more popular. And now, probably one out of every 35 vehicle is a truck. PCs are going to be like trucks. PCs...are still going to be around...but they are going to be used by one out of X people. And this transformation is going to make some people uneasy...I think we have embarked on that.
During Walt Mossberg's interview with Steve Jobs, he asked how Apple thought of making a tablet when the iPhone is such a big hit, Jobs response was prophetic indeed:
It's precisely these kind of moments that fuel the speculation of Apple watchers wondering what exactly is Cupertino up to nowadays as it sits on its pile of cash?
The rise of the tablet computer has been a great thing for Apple so far, with the release of the iPad in 2010. For now, it is important to analyze Apple assuming that it won't release a revolutionary and profitable product in the near future. It'll be clearer to see if revenue growth is sustainable.
Apple's iPhones opportunity and growth is evident since smartphones global market continues to increase. The iPad and iPhones are the company's catalyst of revenue growth, transforming Apple as an institution who does not rely on PC sales anymore. The iPad has been another breakthrough in line with their smarphone success.
The global demand and clamor for more tablets is expected to increase another 10 years, as more and more smartphone maker shifts to tablet devices. Competition will drive Apple to reinvent. They are still the leading maker for tablets globally. Long term revenue growth from iPad's are sure to be promising.
© 2017 Jobs & Hire All rights reserved. Do not reproduce without permission.
