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Technology Stocks : Apple Inc.
AAPL 273.85+0.5%Dec 24 12:59 PM EST
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To: zax who wrote (143532)10/25/2012 6:35:59 PM
From: Cogito5 Recommendations  Read Replies (1) of 213177
 
Anyone who is aware of the $199 Nexus would not buy the $329 iPad.
Zax. That's a ridiculous thing to say. It's similar to statements about how nobody would ever buy an iPhone 4S when they have the option to get the Samsung Galaxy III. Clearly, tens of millions of people do buy Apple products. Do you suppose that none of them are aware of what the competition offers? I'd say that most of them are.

Apple has sold 100 million iPads in two and a half years. It's the fastest selling electronic consumer product in history. This, despite the fact that the Fire has been available for $199, and the Nexus Seven, too. People have been willing to pony up a minimum of 300 clams more for the Apple product.

I'm sure you did extensive market research in your head before making that statement, but I'm sure that Apple's actual real-world sales numbers will prove you wrong.

I suppose nobody who is aware of the Surface will buy a 4th-gen iPad, either.

Piffle!
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