JP Morgan: iPad wannabes reduce build plans after ‘early dose of reality’

“A new investor report from J.P. Morgan on Wednesday indicates that Apple’s competitors in the tablet market have reduced their build plans after receiving an ‘early dose of reality’ in the form of lackluster sales,” Josh Ong reports for AppleInsider.

“According to analyst Mark Moskowitz aggregate tablet build plans have declined by roughly 10 percent since early March,” Ong reports. “Moskowitz took the reduction to mean that ‘non-Apple tablet hopefuls have adjusted to the weak showing so far.'”

Ong reports, “Describing the trend as an ‘early dose of reality,’ the analyst noted that the market has yet to see a high-volume tablet competitor to the iPad. Moskowitz cited Asustek’s Eee Pad Transformer, Motorola’s XOOM, RIM’s PlayBook, and Samsung’s Galaxy Tab as examples of tablets that have failed to gain traction and whose makers have consequently reduced build plans.”

Much more in the full article here.

MacDailyNews Take: Bloodbath.

[Thanks to MacDailyNews Readers “Lynn W.” and “James W.” for the heads up.]

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