From Tim Cook, Chief Operating Office of Apple regarding iPad competitors:
Then you have the Android tablets, and the variety that are out shipping today, the operating system wasn’t really designed for a tablet, and Google has said this. This is not just an Apple view by any means. And so you wind up having a size of tablet that is less than what we believe is reasonable or even one that would provide what we feel is a “real tablet experience.” So basically you wind up with a scaled-up smartphone, which is a bizarre product, in our view.
So those are the two that are shipping today, and frankly speaking, it’s hard for me to understand, if somebody does a side-by-side with an iPad, I think some enormous percentage of people are going to select an iPad there. Those are not tablets that we have any concern on.
Seems that's "business-speak" for "We don't have any competition."
Source: http://bit.ly/dLxkD2