Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
WARNING - AI STOCK MARKET CRASH / BEAR SWITCH TRIGGERED! - 19th Jan 22
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22
How to Profit from 2022’s Biggest Trend Reversal - 11th Jan 22
Stock Market Sentiment Speaks: Are We Ready To Drop To 4400SPX? - 11th Jan 22
What's the Role of an Affiliate Marketer? - 11th Jan 22
Essential Things To Know Before You Set Up A Limited Liability Company - 11th Jan 22
NVIDIA THE KING OF THE METAVERSE! - 10th Jan 22
Fiscal and Monetary Cliffs Have Arrived - 10th Jan 22
The Meteoric Rise of Investing in Trading Cards - 10th Jan 22
IBM The REAL Quantum Metaverse STOCK! - 9th Jan 22
WARNING Failing NVME2 M2 SSD Drives Can Prevent Systems From Booting - Corsair MP600 - 9th Jan 22
The Fed’s inflated cake and a ‘quant’ of history - 9th Jan 22
NVME M2 SSD FAILURE WARNING Signs - Corsair MP600 1tb Drive - 9th Jan 22
Meadowhall Sheffield Christmas Lights 2021 Shopping - Before the Switch on - 9th Jan 22
How Does Insurance Work In Europe? Find Out Here - 9th Jan 22
MATTERPORT (MTTR) - DIGITIZING THE REAL WORLD - METAVERSE INVESTING 2022 - 7th Jan 22
Effect of Deflation On The Gold Price - 7th Jan 22
Stock Market 2022 Requires Different Strategies For Traders/Investors - 7th Jan 22
Old Man Winter Will Stimulate Natural Gas and Heating Oil Demand - 7th Jan 22
Is The Lazy Stock Market Bull Strategy Worth Considering? - 7th Jan 22
METAVERSE - NEW LIFE FOR SONY AGEING GAMING GIANT? - 6th Jan 2022
What Elliott Waves Show for Asia Pacific Stock and Financial Markets 2022 - 6th Jan 2022
Why You Should Register Your Company - 6th Jan 2022
4 Ways to Invest in Silver for 2022 - 6th Jan 2022
UNITY (U) - Metaverse Stock Analysis Investing for 2022 and Beyond - 5th Jan 2022
Stock Market Staving Off Risk-Off - 5th Jan 2022
Gold and Silver Still Hungover After New Year’s Eve - 5th Jan 2022
S&P 500 In an Uncharted Territory, But Is Sky the Limit? - 5th Jan 2022

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Apple’s iPad Continues to Lead Its Rivals

Companies / Tech Stocks Oct 25, 2010 - 08:27 AM GMT

By: Investment_U

Companies

Best Financial Markets Analysis ArticleTony Daltorio writes: Apple (Nasdaq: AAPL) reported sales of only 4.2 million units in its most recent quarter. That disappointed some investors, who then took it out on the stock.

But they forgot that iPad sales still look decent for an item only unveiled in January and introduced in April.


Analysts still see Apple selling 13 to 16 million iPads this year. And keep in mind that the company’s highly successful iPhone sold less than 6 million units in its first full year.

Apple marketed the iPad as a consumer entertainment device. Yet the product’s success has largely come from companies and corporate users.

iPad Connects With Corporations

Apple doesn’t break out corporate sales from its overall sales numbers. But a global survey of 118 chief technology officers conducted by CLSA in August showed that 12% of companies had already deployed iPads or tablets, and 36% were thinking about it.

To managing director Stephen Fox, that “suggests that the iPad is garnering a higher degree of interest from enterprises than we should have expected.”

That’s because Steve Jobs put a lot of effort into making it business friendly. It supports virtual private networks, remote deletion of data in the event of theft or loss, and over-the-air syncing to enforce company-wide distribution of new software policies.

That has led some restaurants to replace paper menus with interactive iPads. And Mercedes Benz wants its U.S. dealerships to have iPads handy for customers to fill out loan forms in the showroom… thus increasing chances of completed sales.

Apple’s Big Lead Over Competitors

Despite pesky speculation about upcoming rivals, the iPad has little competition. Samsung’s Galaxy Tab, a seven-inch tablet set to sell in November, is its only real contender.

Hewlett-Packard (NYSE: HPQ) has nothing until next year. And Research in Motion (Nasdaq: RIMM) won’t introduce its seven-inch BlackBerry PlayBook until early 2011.

Even then, Apple could keep its hold on the market through upgrades. Expected add-ons next year include front and back cameras for video conferencing.

Doug Reid at investment bank Stifel Nikolaus expects the iPad to have an 82% market share of the 19.2 million tablets he forecasts shipping this year.

He points to the end of shipment delays and a “window of de-facto market exclusivity.” And he also thinks it likely that rivals will try – unsuccessfully – to integrate their hardware with relatively unproven operating systems like Android.

After all, Google‘s (Nasdaq: GOOG) Android operating system was originally made for smartphones. So tablets using it don’t automatically display content at high resolutions.

Notably, Samsung has managed to work around that for its Galaxy tablet. But LG chose to wait instead until Android releases a more tablet-friendly version next year.

As for using Microsoft (Nasdaq: MSFT) Windows 7? Since it remains problematic without a mouse and keyboard, many prospective tablet makers are ignoring it altogether.

iPad’s Future vs. PC’s Demise…

iPad sales figures from Apple’s latest earnings report do point out one thing though…

In spite of the fuss surrounding it, the entirely new tablet PC market is far from settled. Microsoft and Intel (NASDAQ: INTC), which rely heavily on PCs, have maintained that the devices will help grow that larger market into a bigger pie.

ARM Holdings ADR (Nasdaq: ARMH) CEO Warren East thinks differently though. His firm’s chip designs are the blueprint for the iPad’s processor. And he sees the end of the PC within the next five years, ushering in “a new era of computing based on smartphones and tablets.”

With that said, the PC looks safe… for now. Christian Heidarson, principal analyst at technology research and advisory firm Gartner, forecasts tablet competition shrinking that market by just 8% this year.

But “from 2013 onwards, the impact will be significantly more pronounced… we will see tablets with the same capabilities as netbooks retailing for $300 instead of $600.”

If he’s right, Apple shareholders can celebrate something more than just the iPhone. Because if the iPad counts as a PC, Apple has gone from fourth to first place in U.S. computer sales in just six months.

The only question left is whether Apple’s stock price already reflects all that good news. And based on the sell-off after its “disappointing” iPad sales, I’d say the answer is no.

Good investing,

Source: http://www.investmentu.com/2010/October/apple-ipad-continues-to-lead-rivals.html

Tony Daltorio

http://www.investmentu.com

Copyright © 1999 - 2008 by The Oxford Club, L.L.C All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Investment U, Attn: Member Services , 105 West Monument Street, Baltimore, MD 21201 Email: CustomerService@InvestmentU.com

Disclaimer: Investment U Disclaimer: Nothing published by Investment U should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Investment U should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Investment U Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in