Newsroom

iPad to revolutionize Apple spin-off SMEs

Experts believe that the iPad is set to create a capital boom for industries that profit from Apple’s products.

According to Reuters, companies that produce Apple applications, games and accessories are already hard at work creating gadgets to use with this brand new technology – even though it has not yet been officially released. Some 300 million iPods and iPhones have been sold over the last ten years and many SMEs are now competing to grab their share of this lucrative market. 

“The iPad market has huge potential. We think it has the potential to be game-changing and we need to be on top of it,” Jamie Elgie, product management director at Belkin International, an Apple accessory firm, told the news company. The 10-inch touchscreen iPad has been the talk of the technology world since it was announced last month and third-party companies are working frantically in secret to create products that will have instant success in the fast developing technology market. 

Brian Meehan, head of product development at software company Sourcebits, said: “We’re working around the clock right now to handle the demand from our existing client base, and then on top of that, new clients are coming in to see what they can create around the iPad.

” Mark Rowan, president of Griffin, a competitor company to Belkin, also claimed that the iPad had enormous potential but said that third party designers were struggling to create products for it as its main purpose remains unclear. “It will be a travel device, it could also be a home device and a family entertainment device,” Rowan told Reuters. 

Many application development companies are expected to exploit the iPad’s larger screen by overhauling and improving their existing iPhone applications.

Return to article list