The Apple iPad was a revolutionary device was introduced in 2010. There was nothing like it on the market and, despite its price of nearly $700, sales immediately took off. In fact, over 300,000 iPads were sold in the United States alone in the first 24 hours after release. There was really nothing like it on the market. While still a highly profitable product, there are now many alternative products on the market and iPad sales are starting to decline. The iPad is in the _______ stage of the product life cycle.
A) maturity
B) decline
C) introduction
D) growth

Question

Quizplus · Accepted Answer

The iPad is in the maturity stage of the product life cycle, indicated by the high sales but beginning of a decline due to market saturation and the emergence of alternative products.

The Apple IPad Was a Revolutionary Device Was Introduced in 2010