I will begin with pointing out the obvious; The new iPad is not a new version but merely an S. S in this case as we all know stands for suckers. Over the past 48 hours I have read countless articles pointing out all the new-found benefits of the New iPad. Most of the advocates are just hardcore Apple bulls supporting their position. The tech analysis and demand story they have presented is nothing short of laughable.
Let’s break down the new iPad:
- Oh boy a 8 mp’s camera allows me to become a professional photographer.
- By far the biggest “scamming” point of the new product. If quality of photography mattered to anyone who was looking at the product, they would go buy a $60 camera from best buy. Why? Because it has twice the mp’s (16 mp’s).
- It is completely not redesigned and has no new curb appeal.
- The new iPad is not thinner or sleeker; It has all the same characteristics and is actually larger and heavier.
- 4G LTE will allow me to not access data through walls.
- Not only is the 4G LTE world a fractured and confusing one. Those who are somewhat intelligent are telling me that it won’t work in Europe. I know things are bad over there, but so bad no one can afford Apple products? (F.Y.I. LTE stands for Long Term Evolution)
- The new features will be an incentive to buy the new product.
- That was just in here for laughs and giggles. The point which I will make below and you should already be familiar with being a half intelligent human being, is that this product does not capture new consumers. This instead pushes consumers to the lower tiered iPad 2.
First off, I am no tech expert. I just so happen to see things from a consumer standpoint obviously better then Apple. What Apple has successfully done is take their old product, known as the iPad 2, and make it a little better. They have not, let me repeat, NOT revolutionized anything. Apple has been successful in the past revolutionizing their products, not updating a few ins and outs. To be honest, Apple has not even made its product more desirable.
I do recall a day long ago when there was this famous Apple item coined the iPhone 4S. We all remember vividly how the stock sold off after that. This time around those people at Apple got smarter and decided not to spoof the market with putting an S at the end. The other day Apple in fact did disappoint expectations, they did not present the iPad 3, but rather a sleeked up iPad 2.Apple are the king manipulates when it comes to both investors and consumers. As a brilliant investor you were already aware of that though?
One must not forget the key difference between the phone and the tablet, price. Since the iPad’s growth is often compared to the iPhone’s many investors expect the same growth from the tablet as was seen with the phone. All these investors are forgetting that out of pocket cost (with a new contract) for an iPhone is just around $200, while an iPad is around $500 (if not more). Not only that, but one must realize the difference between the two products. iPhone’s have become a necessity in everyday life, tablets have not done so yet. One can easily make the argument that tablets will never replace PC’s due to practicality. The iPad has sold countless products since its induction, but it’s growth potential is not going to be in the same bracket as the iPhone.
One of the most important items that Apple bulls have brought up as of late is the destruction of competition. They claim Apple has put the competition 6 feet under. Hate to burst the bubble, but that is so very wrong. Those who watched the presentation or read about it in detail know that Cook mentioned the competition. What many investors failed to realize was that when Cook talked down to the competition he was in fact admitting competition exists. Many have said that Apple has no competition, no rival, as of this week the king of apple admitted there are other kings attempting to take over his tablet kingdom. Apple knows not to underestimate the competition, those who hold a little market share, because not so long ago that was Apple.
And if you don’t believe me HERE is the comparison between the two models. It will say everything I was not able to cover above.
“Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving them” – Steve Jobs
