Tablet PCs and smartphone sales are growing exponentially year over year and, as they incorporate more and better functionality into their core operations, other consumer electronic categories are in decline. The Apple iPad exploded on the scene in 2010, selling 15 million units. Sales grew 222 per cent in 2011, to 56.5 million units (estimate). iPad sales are expected to grow 59 per cent in 2012 and will likely break 100 million units, according to Steve Bambridge of GfK, a boutique research firm working with the Consumer Electronics Association.
Read the rest of my column at: http://www.backbonemag.com/Magazine/2012-02/smartphones-tablets-killing-other-devices.aspx
Tesla’s market capitalization (value) is greater than the combined value of General Motors, Ford, Fiat Chrysler, Toyota, Honda, Volkswagen, Nissan, Daimler (Mercedes Benz), Hyundai, Kia, BMW and Renault as of January 2022.
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