“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.
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What a well executed piece…
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