The odds are against the Ipad

Ashesh Shah
March 22, 2010
716 Views
5 Comments

UK BOOKIES ARE SAYING that Apple’s Ipad will not be as successful as the Iphone.

According to Youwager.com, which began taking bets on the topic this week, it is unlikely that Jobs’ Mob will sell a million of the overpriced keyboardless netbooks within 74 days.

The Iphone, which went on sale in June 2007, took only 74 days to get to the 1 million sales mark. It also had considerably less hype than the Ipad and featured a touchscreen that was a bit of a novelty at the time.

The bookies say that, despite saturation marketing – much of which is free from the US press – the odds are stacked against the Ipad.

According to Bloomberg, Youwager.com said that no matter what Apple puts onto the market there are going to be large sales, but with this particular product, it does not think that the Ipad is as practical as the Iphone.

Clearly the odds would be lower if Youwager was aware that occasionally Apple has made turkey products in the past. Apple TV anyone?

Paddy Power, Ireland’s biggest bookmaker, has open betting with 3-to-1 odds that Ipad sales will surge past 6 million in 2010. The bookie has 8-to-1 odds that fewer than 1 million units will sell.

Resource:
http://www.theinquirer.net/inquirer/news/1597397/the-odds-ipad

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