This is what I said back when it was announced. I underestimated how much laptop usage time would be replaced by iPad usage time.
If you want to see what professional technology reporters, analysts, etc. said at the time, then check out this post by Asymco. It’s eye-opening. Summary: iPad is an overpriced, underpowered, crippled disappointment that will bankrupt Apple.
In reality, the iPad turned Apple into the biggest and most profitable computer maker in the world, destroyed the horrendous netbook market, forced Google to clone it, and MS to completely redesign the Windows UI for touch and start making their own hardware.
Shows you how much faith you should put in the opinion of “experts”.