The quote is both true and false.
A quantum computer takes advantage of quantum indeterminism. In a classical computer bit is 0 or 1. In a quantum computer, a bit can be indeterminate.
If you have multiple bits, a classical computer is in one combination. A quantum computer can be indeterminate between a set of states chosen out of the set of possible patterns. Thus 250 qubits can be indeterminate between some subset of 2^250 possible states.
The downside is that when we input the start of the computer, we start in one state. When we measure we see one state. And quantum computing has to go by the logic of quantum computing. For instance this means all logic has to be reversible. Thus there is no "if A or B then C" because if you wind up at C you can't get back to your original state.
So for practical purposes a 250 qubit computer can start with 250 bits of data, ends up with 250 bits of data, and in the middle does an unbelievably parallel computation.