Apple Talks Lower Margins Now, Ginormous Sales Later - Arik Hesseldahl - News - AllThingsD

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"Cook: The comment that I think you’re referencing are comments that Steve Jobs had made about 7-inch tablets. We would not make a 7-inch tablet. We don’t think they’re good products. We would never make one. One of the reasons is size. Not sure if you saw our keynote, but the difference in just the real estate size in 7.9 vs. 7 is 35 percent, and when you look at usable area is much great than that, more like 57 percent. IPad mini has the same number of pixels as the iPad 2 does. You have all 275,000 apps that are iPad ready. IPad mini is a fantastic product, it is not a compromised product. It’s in a whole different league."

Apple Talks Lower Margins Now, Ginormous Sales Later - Arik Hesseldahl - News - AllThingsD