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Comment by have_faith
I think a big part of the mediocre sales is related to the use-cases that most iPad users have which seems to mostly be watching videos, browsing the internet, reading etc. Any 2 or 3 generation old iPad will do this fine with very little reason to upgrade. It doesn't have anything near comparable to the upgrade path that a lot of phone users who seem very eager to upgrade to a better camera/battery/etc.