I expect the iPad, lacking any new revolutionary functionality, to reach a steady state of (new customer + replacement rate) sales that is some percentage of its peak, pre-saturation sales. If replacement rate is every 4-5 years, this may be below 30% of peak.
This won't mean it isn't successful, just recognizing that existing users don't need to upgrade every year.
Thank you. We need to stop thinking of growth as a reasonable metric for wellbeing or relevance of products. When a new product is introduced, certainly, looking how the market reacts is interesting. But many years down the line, things should stabilise. Does your (metaphorical) baker round the corner grow yoy? And yet, somehow their bread is still good, and they have no problem surviving, except when a company with far too much capital just bulldozes in, for example by selling under local market prices.
I expect the iPad, lacking any new revolutionary functionality, to reach a steady state of (new customer + replacement rate) sales that is some percentage of its peak, pre-saturation sales. If replacement rate is every 4-5 years, this may be below 30% of peak.
This won't mean it isn't successful, just recognizing that existing users don't need to upgrade every year.