If the iPad was a company it would be on the fortune 500 list!

Wow that’s one interesting number, according to Steve Lohr at the New York Times Apple is more successful than ever. The once “60 days from bankruptcy” company now introduces products that are bigger, by themselves, than most companies could ever hope to be.

Take the iPad for instance, the latest Apple creation is on track to deliver almost $20 billion in revenues in its first year, that is better than some Fortune 500 companies.

“Apple has hit that magical combination of gradually shifting from a product to a platform strategy,” says Michael A. Cusumano, a professor at the Sloan School of Management at M.I.T.

According to Cusumano it starts with one product like you buy an iPhone and you want an iPad, and then you want a MacBook.  Then you want to buy your wife an iPod touch and your kid a nano and so on.

It will be interesting to see the development of the iPad, especially with the relase of th iPad2.

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