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JPMorgan Chase: iPad knockoffs fail to gain traction

“Technology companies who hoped to outdo the Apple iPad by offering alternate slate-like products are not seeing the demand they hoped for from consumers, according to an analyst’s report issued by JPMorgan Chase,” Nick Bilton reports for The New York Times.

MacDailyNews Take: Unless they’re delusional, no tech company hopes to “outdo” iPad. They merely want to vacuum up Apple’s table scraps, which means taking advantage of less-knowledgable consumers who can’t tell the difference between the real thing and an inferior knockoff.

“The report, which was issued on Wednesday, said companies building products to compete with the iPad have slowed production by as much as 10 percent since this time last March,” Bilton reports. “The report named the list of iPad rivals that have failed to gain traction, including Asustek’s Eee Pad Transformer, Motorola’s Xoom, Research In Motion’s PlayBook, and Samsung’s Galaxy Tab.”

Bilton reports, “Analysts have noted that it won’t be easy for competitors to catch up to the iPad, especially because of the head start Apple has in its App Store, which has become a cornerstone of its success. The author of the report, Mark Moskowitz, has warned in the past of a possible tablet bubble burst, suggesting that a slew of iPad competitors could flood the market and sit there, not tempting customers and leaving a huge oversupply of products.”

Read more in the full article here.

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