Apple's iPad Turned 10 This Week. Here's How the Business Has Grown.

"The question has arisen lately: Is there room for a third category of device in the middle?" Apple (NASDAQ: AAPL) co-founder Steve Jobs said when unveiling the original iPad in January 2010. "Something that's between a laptop and a smartphone." In order to justify such a product's existence, it would need to do certain tasks better than either a laptop or a smartphone, Jobs argued.

Back then, cheap netbooks were all the rage. "The problem is, netbooks aren't better at anything," Jobs proclaimed. Of course, Apple's alternative was the iPad, which wasn't the first tablet computer but redefined what a tablet could be -- so much so that "iPad" has become a proprietary eponym for tablet computers more generally.

Image source: Apple.

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Source Fool.com