A man who doesn’t usually pull his punches now waxing lyrical about the iPad, having played with it. Mr Gruber has commented that the speed of the iPad is the overwhelming impression of the user experience.

Had Apple been any smaller, I think pundits might have been saying that they had bet the company on the success of this device by selling it at that price. In fact they may well have bet a significant part of their cash pile on it, but if it flops Apple will probably still survive.