Monday, April 5, 2010

iPad fail

Uh oh.
Apple sold about 300,000 iPads on the tablet computing device’s first day on the market, falling short of the most bullish projections and charting a course for a more modest initial adoption trend.
Those 300,000 people that showed up in the stores are the ones that absolutely, positively, must purchase anything that comes from Apple. That leaves the rest of us. I very much appreciate Apple's fine products and use them every day, but the iPad will crash and burn along with that TV thing Apple came out with that no one uses. To the reader who scolded me for my prediction:
Anonymous said:
Apple sold 600 thou.
It was half of that.
Apple shareholders better watch their portfolio. Microsoft has lousy marketing, but as I said a few months ago Windows Phone 7 may end up being the Windows 95 of smartphones.

Tablets? Maybe someday. Not yet.

8 comments:

Anonymous said...

Does MS still own a large portion of Apple? It is a no loose deal for MS....they have money and time to invest in what ever they want...but I think they & Goog have defined the space in terms of their operating system specs.

remodelNerd said...

Hi Lou-

Let me go on record as saying this will be your worst prediction ever :-)

We'll know in a couple of years, the next few months won't prove much one way or another...

Take care,
RemodelNerd

Anonymous said...

Oil speculators should be executed.

This Blog Is Not Here said...

MS never actually owned a "large" portion of Apple. Yes, they did end up buying a chunk of stock back in Gil Amelio days just like Apple owned a fair sized chunk of AOL. In fact, even in the worst days of Apple's stock being in the toilet they still had close to a billion in cash in the bank.
Both MS & Apple as well as Apple & AOL traded stock for development stuff and both made a killing on the stock. Microsoft's investment was more of a symbolic thing in the bad old days.

telescope-merc said...

Oh C'mon Lou. Yes they came up short of the 'most bullish' estimates. Those are the ones that guessed Apple would somehow sell twice as many iPads as they had available.

Hardly what I would call a failure. When I think Apple failures I think of the Cube.

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The ipad surpass all the expectations because the tablet market was as good as dead but with the introducton of an ipad other companies introduced their versions.

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