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Apple takes the tablet market to almost 17 million

IDC report finds Apple in the lead for shipments
Wed Jan 19 2011, 16:20

THE TABLET MARKET is huge according to IDC, and is led by the Apple Ipad.

According to the abacus clickers and beard strokers at IDC, the tablet market will see some 17 million shipments this year.

The third quarter of the year saw the most sales and here IDC reported some 4.8 million global tablet shipments. During that quarter Apple took around 90 per cent of all sales, around 4.2 million units. E-reader sales also grew during the period, however, and IDC said that it saw growth here of 40 per cent against the previous quarter.

Growth is expected to continue. "The media tablet market's rapid evolution will continue to accelerate in 4Q10 and beyond with new product and service introductions, channel expansion, price competition and experimentation with new use cases among consumers and enterprises," explained Susan Kevorkian, research director for mobile connected devices at IDC.

While Apple dominates the straight tablet pack, Amazon takes the lion's share of e-reader shipments. The bookseller has around 40 per cent of the market, while Pandigital and Barnes & Noble are pretty much tied at second and third with around 16 per cent. Amazon shipped around 1.1 million units in the quarter.

Next year tablet shipments will more than double, according to the analysts. IDC said that it expects 2010 sales to total 17 million and in 2011, a massive 44.6 million.

We just love how these analyst firms put decimal point numbers in their forecast projections. µ

 

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Comments
@ Steve T

... nice one ;)

posted by : hexx, 20 January 2011 Complain about this comment
@Hater

Apparently your grasp of finance is strictly limited. Firstly Apple's EPS was for the quarter, Intel's was for the full year. Secondly there is a financial number called a PE ratio, which is the ratio of share price to full year earnings and can be looked up in places like Yahoo finance. This is normally a measure of how well the markets think a company WILL do, not their current performance. It's also a measure of how risky the market thinks a stock is (low = bad). Intel's PE ratio is about 10, Apple's about 18. The market doesn't think that Intel has much scope for growth and may suffer from competion. Apple is much better regarded as a future risk.

posted by : Steve T, 20 January 2011 Complain about this comment
Huh?

Wow! 17 million tablets??? Then why the heck it only gives EPS 6.51 $/share (at 314 $ share price each!). Even INTEL EPS is 2.05 $/share at 21.2 $ share price. I thought 300 B$ market caps company could do better than 115 B$ company.

Geezzzz... i wonder where the profit went...

posted by : Hater, 20 January 2011 Complain about this comment
duh

@ Biff T

Yes the IDC estimates are off. They are low. Apple alone sold 17 million tablets in 2010. 2011 should be bigger.

posted by : Biff, 19 January 2011 Complain about this comment
150% of the market

Go Apple! Since they reported sales of 7.33 million one might suspect that the IDC numbers are off.

posted by : Steve T, 19 January 2011 Complain about this comment
Amazing

Bill Gates predicted Tablets would be the way of the future, and yet where is a MS Tablet? Tech sources stated the tablet would be a huge fail, and yet.....

gotta hand it to Apple, their way ahead of the curve when it comes to consumer demands.

posted by : Patrick, 19 January 2011 Complain about this comment
aboutus
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