And investors will overreact once again.
Like they did when the stock broke $700?
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He said that a 7 inch tablet cannot properly express tablet apps. Does it matter? The guy would say anything to get money.
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Steve chose his words very carefully.
Yes he did. And the words were intended to create false impressions that would yield ever-larger profits for Apple, and not to convey any truth or reality.
Fer crissakes, the guy was a wealthy huckster. He was neither prescient nor a saint. His main goal was to take money out of your pocket and put it into the pockets on Wall Street.
"...the 10-inch screen size is the minimum size required to create great tablet apps."
--Steve Jobs
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Jobs talked about 7 inches tablets,
"...the 10-inch screen size is the minimum size required to create great tablet apps."
Yes, he was talking about 7 inch tablets, but he was talking about 8 inch tablets and 9 inch tablets too.
He claimed that a tablet like the iMini could not express great tablet apps. I guess Steve was just a fool, eh? Or maybe he was full of ****? Or a bald faced liar?
Or a typical money-grubbing corporate CEO type of guy? Dunno.
But he was not a saint. On that we can agree.
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Except that makes no sense.
I think it was to be expected that iPad mini sales will cannibilize full size iPad sales, so shifting towards iPad mini displays instead of 9.7" displays makes sense.
I just don't see the problem here.
Each time a mini cannibalizes a sale of the full-priced product, Apple loses potential profits. Thus, their total profits fall, all other factors being equal.
Lost profits are a big problem for organizations whose entire purpose is to generate the greatest possible profits.
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The price is right, the lighter weight is almost perfect, and there is still plenty of room on the screen such that it is easy to use.
Maybe, but it is undisputedly true that the iPad Mini cannot express great tablet apps. Or so claimed Steve Jobs.