It's no no surprise that quarter three's numbers bode well for iPad. In that time alone, Apple sold 11.1 million iPads, which accounted for thee-fourths of the entire tablet market. These are truly outstanding numbers for a product created over a year and a half ago. One would think that by now a competing company would have been able to create a product to challenge it. Not so.
Although the HP TouchPad claimed second place, it is still far behind the iPad. Its second place finish, however, is due to HP's extreme price drops--slashing the TouchPad's price to $99 for the 16 GB version and $149 for 32 GB. Even with these incredibly low prices, HP couldn't overtake Apple.
As of October 2011, there have been 30.85 million units sold. In other words, one out of every 167 people on the planet over 15 years of age owns an iPad and the number is certainly higher in countries like the US and Japan. It's truly a remarkable innovation--this decade will be remembered by the tablet explosion.
That being said, what's keeping the iPad so hot? Well, it's quickly moving into new markets. According to Apple's CFO, Peter Oppenheimer, 92% of the companies listed on the Fortune 500 aretesting or currently using the iPad in their operations. This is the sign of a truly successful product. It has made the leap from commercial to business. What's iPad's next move? We'll have to wait at least another quarter to see.
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