"Apple's hopes for the iPad overshot what the product can actually deliver," Gassée wrote. "Although there's a large numbers of iPad-only users, there's also a substantial population of dual-use customers for whom both tablets and conventional PCs are now part of daily life. I see the lull in iPad sales as a coming down to reality after unrealistic expectations, a realization that iPads aren't as ready to replace PCs as many initially hoped."
He recalls that in introducing the first iPad in January 2010, Steve Jobs explained onstage that the iPad would "find its place between the iPhone and the Mac."
"This in-between place' is still elusive," Gassée writes.
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