Cutting the cord


With iOS 5, you no longer need a computer to own an iPad, iPhone or iPod touch. I believe this makes the iPad a true “post PC” device, as claimed by Jobs, and was the single biggest announcement from Monday’s keynote. Why?

RBC Capital’s Mike Abramsky:

“By “‘cutting the cord’ to the PC, Apple may expand its addressable device market by 4x, addressing the ~3B handset users who have a phone — but not a PC.”

The rest of Wall Street seems to think the future is looking pretty bright too.


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