Why the New iPad is So Huge for Apple

RWW: Maybe it didn't seem like it, but today's new iPad introduction was Apple's most important event of the year.

Sure, the iPhone is still a bigger business for Apple, and probably will be for a while. But the iPhone is just Apple's small sliver of the giant phone market.

The iPad, meanwhile, is a green field - a totally new market that Apple is building and defining. And so far, it has it almost to itself. It's the future of Apple and potentially the future of the personal computer. That's a rare and tremendous opportunity.

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