“With Apple having released its second generation iPad this week, investors might want to cash in on the competition, including tablet makers Research In Motion, Dell, Hewlett-Packard, and Motorola Mobility,” Drew Sandholm reports for CNBC. “The problem, said the ‘Fast Money’ traders on Friday, is that Apple has no competition.”
“‘They have no competitors right now. They control,’ said Joe Terranova, chief market strategist at Virtus Investment Partners,” Sandholm reports. “‘They’re clearly ahead of everyone else in terms of innovation. They’re already rolling out their second generation of a tablet product,’ [Terranova said.] ‘Most others are just bringing forth their first.'”
Sandholm reports, “Apple already has 80 percent of the tablet market and it will only continue to expand, said Steve Grasso of Stuart Frankel. Product integration is really benefitting the Cupertino, Calif.-based company.”
Read more in the full article here.
MacDailyNews Take: It’s Blast o’ Truth Friday!
“Apple already has 80 percent of the tablet market…”
Really? That low? Maybe he’s looking at shipments to distributors instead of sales to consumers.
Steve jobs said 90% of the market in the keynote.
These guys prob want to downplay the numbers a little.
80% probably right, taking in every tablet made in last five years …. Now if we are talking actually sold and in active use 90% may even be low ..
>… including tablet makers Research In Motion, Dell, Hewlett-Packard, and Motorola Mobility.
Hey, RIM and HP are not “tablet makers” (yet). 🙂
80% ? Perhaps over 90% ? No need to understate the situation CNBC. As the Fast Money traders accurately stated, “…Apple has no competition.”
Whether or not that is a problem depends on your perspective…
NAMES! I want the names of the other 20%! What idiots are buying some other tablet. Are we talking about tablets like the ones UPS, FedEx, … are caring around when they pick up and deliver packages? What are these other tablets?
They prob count nook and kindle as tablets.
I love Apple’s supremacy. And I love to watch the pain of the PC crowd as they see their world slipping away…day by day.
I remember all those years of douche bags calling Apple the “beleaguered” this, that, and the other. I remember all the snickering and lying from the PC crowd. And now they’re left trying to pretend that Android is a decent alternative.
Reap the whirlwind, you ignorant species!
It seems unsportsmanlike to feel this way, but then the competition wasn’t ever. They considered it war and did everything to rob, rape, and murder Apple, the only real innovators in the business. Everyone in the pc world down to the lowest user loved to crow that Apple was a dying “other,” even while having to cope with pc garbage. Even now, seething to have been so wrong, they cling to their Applephobia, and seek a new champion in Google.
Apple is a fad, a fad that will fade away in 2012. Useless devices such as apple products are for the pretender crowd. I have an iPad 2, and than I got android and the android tablet smokes the iPad 2 in every and I mean EVERY way. Android and Windows 8 are the future, watch your Apple stock turn to crap next year.
I really can’t understand those people who still turn away at the mention of Apple. THEY REALLY HAVE NO IDEA WHAT THEY ARE MISSING.
So 90% market share represents a cult? Then, we all belong to the water, air and food cult.
Hahahahaha! Tru, tru, tru.
March 11, 2011 will have new iPad 2 🙂
Plus ten others I know will go for it too!
Hopefully Apple is building about 30 million of these units as they will sell out by Christmas.
How sweet it is AAPL 🙂
I heard some top of the hour news report on the radio today say foxconn had planned on making 25million this year.
I see shortages 😉
@ Mister Grady
Can I get a big AMEN. Love it, so sick of all the ignorant PC’ers and fandroids and analysts dissing Apple every day . Their ignorance is just mind numbing. The Worm has Turned. Apple will own the Tablet market just like the IPod market. I mean if Samsung, the supplier of almost everything IPad can’t make a reasonably priced copy then who can? Right? I am going to relish every moment of this bloodbath. I’ll bet their won’t be a competing tech co. standing in 2 years. Apple to $500 before end of year! Gauranteed!
Of course Apple has competition. It just may not be significant at this point.
“The problem, said the ‘Fast Money’ traders on Friday, is that Apple has no competition.”
It is not a problem, it’s a shame those other companies (wanna be).
However it really shows how the “me too” is not strategy to start with. Jumping into a business just because your neighbor is doing it, and having no clue at all about it, yields those disastrous results. The real problem is those companies don’t realize or don’t want to realize about that and they don’t need a guru to realize about it; if they don’t start laying out their own business strategy they are doomed.
MAC fangirls, I’ll remind you the elephant in the room is Microsoft’s Windows for Tablets. I can’t wait to see the look on your smug, elitist MAC lemming faces when Ballmer shows it off at CES 2013. There will be more innovation in the forthcoming and super awesome Stylus for Windows Tablets than anything MAC didn’t copy from Microsoft in the past 20 years—which isn’t much. Buh-bye MAC.
Zune Tang, I really like your sense of humor! And I love it when people don’t see it, hilarious!
ZT is right about the essence, in that Microsoft will come out with a tablet lookalike (but not workalike) not earlier than 2013.
But be warned. Never trust version 1.0. It’ll take a while until they get it “right”. Therefore there will be some hesitation, even with hardcore Microsoft enthusiasts, to buy Windows tablets, probably until 2015.
Yeah, the iPad 4 will have nothing on windows tablet 2013!!!!!
Glad to see you again. Your presence make everyone else look like geniuses.
Perhaps you should be drinking less of your own Tang. You are appearing more jaundice every time.
Zune tang = Homerun!
Z-Tang®, my prescient man, the only thing elephantine in the rooms at Redmond is Ballmer’s cranial elephantiasis. And the only thing Ballmer will have to show off at CES 2013 (if they’re still around!) will be a Dell SkidMark® running a New And Improved version of WINCE (geeze I love that one!) Oh yeah, the Mac folks be tremblin’ in our booties! >8^)
Oh what a moment of reckoning!
Just reviewed several typical technology sites. You know the anti Mac crusaders. All touting how iP2 loses big to Android tablets today. You got CNET, ZDNET, eweek, pcworld and so on and so on. Good thing no one listens to those idiots. You would think by now with the runaway success of the iPad they would realize that people are on to their stupidity. Yet they keep on publishing more stupidity. lol
“They’re clearly ahead of everyone else in terms of innovation.”
That statement alone says it all. Hasn’t it always been this way? It is why my first computer was a Mac, and other than the superiority of Apple’s products, what shocks me when people pay money to companies that imitate (after mocking Apple’s products) rather than innovate. But people are free to make choices, and I’m glad I am.
Funny- Z-T is a troll- for Microsoft. Not merely anti- Apple, or pro-Android… Microsoft groupie. I don’t understand the motivation. Life is way too short.
By the way, it’s Apple- not ‘MAC.’
Obviously, you have no sense of humor and can’t see sarcasm when it smacks you in the face…
FYI. Zune Tang is a frequent commentator on this site and is our resident devil’s advocate. He’s on our side, him and Balmer’s Left Nut.
Kill Joy!
I thought it was ballermer’s right one….
I think Ballmer has a uni-nut so technically, it doesn’t matter.
So is auramac.
Every time I see BLN show up I just have to crack up!
I like ANDY IHNATKO take.
“But you kind of have to hold the iPad 2 to really get the redesign. It’s thinner by a third, plus its edges taper to a thin line of metal. It’s almost inconceivable that this thing you’re holding is a multicore tablet computer. The Xoom tablet is trim, light, and very pretty … but when you place it next to the iPad 2, it looks as though it was designed and built by angry Soviet prison labor instead of by Motorola.”
And we’ll soon get our hands on one!
I think the lines on 3/11/11 will remind competiters who the big dog is.
“I think the lines on 3/11/11 will remind competiters who the big dog is.”
What’s happening on the 3rd of November?
Hey, if Americans say the date is written mm/dd/yy then that’s the way it is! And my nearest Apple store is 60miles away (what’s a kilometer?)
I’m even going to drive on the RIGHT side of the road to get there.
(We just reverse the date order to confuse everyone so the lines for Apple products are shorter — except on 11/3/11)
If you had the opportunity to watch the event, you would have noticed Jobs concluded with a image showing a street sign of “Technology” and “Liberal Arts”.
This is a snub at Apple’s competitors. He’s implying they still don’t “get it” and I’m giving you the answer to success. Make your products easy to learn, useful and productive. It’s not all about the specifications.
“Apple already has 80 percent of the tablet market and it will only continue to expand…”
The last part of this statement is the most significant. Everyone else says they will lose market share.
And ZuneTang… I can’t wait until those fantastic Windows tablets at CES 2013 either. No I mean I really can’t wait. So I’ll just have to enjoy my sweet and versatile iPad 1 (while trying to find some angle to upgrade to the iPad 2)!
I guess it’s possible that those windows tablets will still arrive before my transporter and warp core, but right now suppliers can’t be sure.
Apple will lose market share, but only by their own doing. They need to increase production and distribution, but not at the cost of quality and support… And that’s the right way to go.
I expect Apple to sell at least 40 million by years end. Think it’s foolish not to sell the first iPad and buy the new one for the small difference. While my charter ownership of 64 G3 since May 5th has been great, the new one is going to be a much more satisfying experience thanks to the radical speed improvement via doubled system ddr2 ram with dual core processor and 9x graphics. I am so ordering first thing Friday morning with the HDMI adapter.
The idea iPad 2 will be getting competition anytime soon – if ever – is really more of a science fiction story rather than hard news. I don’t see how any other source can pull it off like Apple already has.
Whoo-ya!
“The problem, said the ‘Fast Money’ traders on Friday, is that Apple has no competition.”
Why is CNBC always stealing quotes from me? Well, I guess I should feel flattered that they follow my every word, 😉