Wait, Obama is Black?

Geraldine Ferraro, 1984 Vice Presidential candidate and former advisor to Hillary Clinton's campaign, said unapologetically that much of Barack Obama's success is due to his race.
She said:

“If Obama was a white man, he would not be in this position. And if he was
a woman of any color, he would not be in this position. He happens to be
very lucky to be who he is. And the country is caught up in the
concept.

She became defensive when the Obama campaign condemned her remarks as "divisive " but eventually resigned from Clinton's campaign on Wednesday.

Any thoughts? Is Ferraro out of line? Is she right? Would Obama be as popular or successful if he was white? Is there any point in posing that hypothetical? He is black; it is a major part of his worldview and character. Period.