How revolutionary does Apple see the iPad?

Very.

The iPad and this idea of a next generation operating system has been on Steve Jobs’ mind since he returned to Apple. Here’s Jobs talking to Fortune magazine in 1996:

“If I were running Apple, I would milk the Macintosh for all it’s worth — and get busy on the next great thing. The PC wars are over. Done. Microsoft won a long time ago.”

Steve Jobs in an interview at the AllThingsD Conference in May of 2007, about one month prior to the iPhone going on sale:

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“But I think the question is a very simple one, which is how much of the really revolutionary things people are going to do in the next five years are done on the PCs or how much of it is really focused on the post-PC devices. And there’s a real temptation to focus it on the post-PC devices because it’s a clean slate and because they’re more focused devices and because, you know, they don’t have the legacy of these zillions of apps that have to run in zillions of markets.”

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