HedgeFundLIVE.com — While watching the live Engadget’s live blog of Apple’s iPad2 unveil event I could not help but snicker at the following caption: “Steve is back ‘it weighs 1.3 pounds'”. For a minute it seemed that the blogger was commenting on Steve’s wiry post-chemo frame, but I’m pretty sure he was referring to the new iPad’s weight. But that’s enough of that – I’m happy to see Steve back and strong enough to present. Let’s hope he’s around at least until his brain can be attached to a robot that will live forever.
There has been a lot of chatter on the Hedge Fund LIVE desk about the iPad2 not being that big of a deal. And I am not here to argue whether or not that is true. I was very impressed by the Apple presentation, and, as usual, I want the iPad2, but I’m probably not going to buy it. I usually wait for the price to come down a little bit and by that time the next iteration of the device is out and the cycle starts all over again. What I would argue though, is that the iPad family of products will not be that different from the iPod family. Back when I was in college I remember the release of the original iPod, the one without the clickwheel, without the colour screen, and certainly without a touchscreen. A 10GB iPod was somewhere in the neighbourhood of $300 and I was like “F that”. So I went and got myself a Rio mp3 player. It had all the memory and all the features of the iPod and was a third the price. The Rio was good, but by the time the third iPod came out Rio had still not innovated and I made the switch.
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