Apple Inc (AAPL)

[Moron]

I don’t dispute the value of evaluating a new product. I simply don’t see the value of the iPad the way some seem to. It will undoubtedly sell well to those who believe in all things Apple, but it doesn’t appear to offer much for the money. What is the value prop? It’s either a large iPhone or a crippled laptop. What does it do that can’t be done with a far less expensive netbook or e-reader? I’d never buy an iPhoney for a number of reasons, but it’s hard to dispute its value to some. Similarly, the Mac for those with limited needs. I may be wrong, but the iPad seems to be Apple’s attempt to force a product into a market segment that doesn’t exist. Time will tell.