Shawn King's post | Latest updates on Sulia
How big is the iPad? If you pull numbers out of your ass, it is HUGE!
CNNMoney says, "According to a report from Bernstein Research analyst Toni Sacconaghi, the iPad line brought in $32 billion in sales last year." That's great news for Apple.
But then, Sacconaghi decides that he needs to kick out the jams on his imagination.
He says, (iPad sales) will grow 75% in 2013 to $46 billion." OK. Fair enough. Maybe optimistic but whatever. But it gets worse.
Now, it's not clear whether it's Sacconaghi's or CNNMoney's fault that the article blows up into an idiotic flight of fancy. But it does regardless.
OMG!! The iPad would make the Fortune 500! It would be America's 11th largest tech company! It would have greater sales than McDonald's, Macy's and Nike!
Well...of course it would. If you just make up numbers, it's easy to make your dreams come true... http://tech.fortune.cnn.com/2013/01/08/americas-11th-largest-tech-company-ipad/