Apple Inc. (AAPL) Could Lose Market Share In Tablet Sales By 2013
The Apple Inc. (NASDAQ:AAPL) iPad is the most in-demand tablet computer on the market but for how long? One analyst predicts 2013 will be the year the iPad finally loses it dominance in the market.
This popular device has remained steady on top since it’s debut on the market two years ago. Unfortunately, they’ve been losing a lot of their market shares to Google-based Android devices. The third quarter of 2010 showed the iPad had 87% of the market and the findings for the third quarter fell 50.4 percent.
According to Finvista Advisors analyst Sameer Singh, this trend will continue, especially since the iPad growth as been topped by the growth of Android devices. This past quarter as been a slow one for Apple Inc. (NASDAQ:AAPL). Thanks to the relentless iPad mini rumors, many people were waiting to purchase the iPad.
Singh explained, “OEMs (original equipment manufacturers) have learned from Amazon’s.com, Inc. (NASDAQ:AMZN) model that diversified price points would help expand the market and take share from the iPad. This has resulted in far more broad-based growth, which is not only sustainable, but should result in an accelerated ramp up of sales over the next three to four quarters.”
The good news is that analysts think that despite a potential loss in dominance, the iPad (along with the Android) will continue to see significant growth. He apparently thinks both devices will trump the significance of the new Windows Surface tablet, “Surface RT sales are off to a slow start and OEMs have already lost interest in the Windows RT platform. This only leaves high-priced x86 based Windows 8 tablets to compete with Apple and Android.”
It’s evident that tablets are the new personal computer and that trend will most likely continue throughout the upcoming years. Even if Singh is right and Apple Inc. (NASDAQ:AAPL) loses their lead in the tablet market, I highly doubt they will lose many sales.
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