Apple (AAPL) Commands China's Tablet Market (MSFT)
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Price: $283.78 +3.14%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
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Although Apple (Nasdaq: AAPL) has struggled to make a larger dent in the China smartphone market, tablets have been flying off the shelves left and right.
Data from Analysys, hightlighted by Digitimes, shows Apple with a 64.6 percent share of the Chinese tablet market, markedly larger than second-place contender Lenovo with 7.6 percent.
Rounding out the top top five include Samsung at 7.2 percent, Eben at 3.1 percent, and Teclast at 2.2 percent. Microsoft (Nasdaq: MSFT) was sixth at 1.9 percent.
Apple probably gained most of that market share when it introduced the iPad mini tablet into the country in late 2011/early 2012. With such a large share, the company bringing a lower-cost version of its iPhone to China this year might set sales on fire as many look to compliment their Apple tablet.
Shares of Apple are up 1.7 percent Monday.
Data from Analysys, hightlighted by Digitimes, shows Apple with a 64.6 percent share of the Chinese tablet market, markedly larger than second-place contender Lenovo with 7.6 percent.
Rounding out the top top five include Samsung at 7.2 percent, Eben at 3.1 percent, and Teclast at 2.2 percent. Microsoft (Nasdaq: MSFT) was sixth at 1.9 percent.
Apple probably gained most of that market share when it introduced the iPad mini tablet into the country in late 2011/early 2012. With such a large share, the company bringing a lower-cost version of its iPhone to China this year might set sales on fire as many look to compliment their Apple tablet.
Shares of Apple are up 1.7 percent Monday.
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