The iPad dominates in the tablet market, and according to Bernstein Research analyst Toni Sacconaghi, the tablet raked in US$32 billion in sales last year. As noted by Fortune 2.0, the iPad is so successful that it would rank as the 11th largest tech company in the US, if Apple spun off the iPad into its own company. The iPad as a company would even make it into the Fortune 500, climbing to the 98th spot above No. 107 McDonalds and No. 136 Nike.
Sacconaghi believes the iPad will continue to grow over the next few years with sales as high as $46 billion in 2013. Sales will start to slow in 2015 and beyond because of market saturation. By then, everyone and their brother will have an iPad.
- Key specs
- Form factor Tablet
- Operating system iOS (8)
- Screen size 9.7 inches
- Storage type Internal storage (16 GB, Flash)
- Maximum battery life Up to 10 hours
- Dimensions 9.4 x 6.6 x 0.24 in
- Weight 0.96 lb
- Announced 2014-10-16