Apple Inc. Dominates World Tablet Market Share But Loses More Customers to Samsung
By Reissa Su | May 3, 2014 2:48 PM EST
Apple Inc still dominates the world tablet market share and continues to be the top tablet vendor based on a report by research firm IDC. The report came after Apple's recent Q2 FY 2014 earnings call which revealed that iPad sales are slowing down.
Apple Inc CEO Tim Cook holds up the new iPad Air during an Apple event in San Francisco, California Oct. 22, 2013.
IDC said Apple's share is estimated at 32.5 per cent. Although Apple leads other tablet vendor, the company's market share has declined from its previous share of 40.2 per cent in the first quarter of 2013. The report also revealed that iPad sales fell to 16.4 million from 19.5 million.
Apple surpassed its iPhone sales record in the same quarter in 2013 by selling 6.3 million more iPhones. But iPad sales were lower by 2 million compared to the same quarter. The company posted revenues of $45.6 billion and profits of $10.2 billion which means Apple has earnings per share of $11.62. The figure is higher than the predicted $10.19 per share by the analysts.
CEO Tim Cook said the company's high revenues for Q2 2014 were driven by strong iPhone sales. The iPhone enjoyed high sales in the markets outside the U.S. This means Apple's market share had increased in both emerging and developing markets.
Although iPad sales for the March quarter wer lower by 3 per cent in a year-over-year comparison, Cook urged investors to look at the tablet market closely. He noted Apple has already sold 210 million iPad units. The Apple CEO said the iPad has been the "fastest growing product" in the company's history, but this doesn't mean it has to be that way every quarter.
Meanwhile, Samsung has been aggressive in collaborating with carriers to offer its tablets in package deals with smartphones. The IDC noted that Samsung's tablet share in the last quarter was 22.3 per cent from 17.5 per cent in the same quarter of 2013. In a year, Samsung's tablet shipments increased to 11.2 million from 8.5 million.
Apple may be leading the tablet market, but Samsung is not far behind. Apple's market share has declined in a year but Samsung has increased its numbers. Analysts said Samsung may have been taking Apple's tablet customers despite the fact that Samsung sells different types of tablets.
Apple's iPad is priced higher than Samsung's Galaxy tabs. In today's market, customers may be looking at price as well as the quality. With Samsung's tablets priced lower, Apple may be losing the battle of tablet market share very soon.
To contact the editor, e-mail:
Most Popular Slideshows
- In Photos, Typhoon Rammasun Blasts the Philippines
- Typhoon Rammasun Claims 18 Lives in China, Incurs $4.32B Losses (PHOTOS)
- Ellen DeGeneres Caught Cheating with Mutual Friend Before Portia de Rossi’s Rehab – Reports [PHOTOS]
- Malaysia Airlines MH17: Vital Black Boxes Finally Land in Hands of Malaysian Authorities, Rebels Announce Ceasefire (PHOTOS/VIDEOS)
Join the Conversation
- California Fruits Recalled in USA and Canada for Possible Listeria Contamination
- Malaysian Airlines Flight 17: Air Carrier Losing $1.6 Million/Day; Crisis Management Experts Suggest Hiring Risk Expert as CEO
- Malaysian Airlines Flight 17: Air Carrier to Give $5,000 Assistance to Victims’ Families; Bankruptcy Looms as 2 Air Mishaps Would Cost Firm Minimum $80.55 M Compensation
- Foxconn And Pegatron Corp Readies For Apple's iPhone 6 Mass Production This Month
- KFC & McDonald’s Accused of Serving ‘Expired’ Meat to Customers
- Windows Phone 8.1 Update Rollout: 20 Nokia Lumia Phones Eligible and 13 New Features to be Added
- Moto 360 Price Speculations, Key Features, Strategic Release Date, Design: A Watch That is More Than Just Time
- Google Nexus 8 Release Date Soon Along with 2 More HTC Android Tablets – Reports
- Samsung Galaxy Note 4 Apps Leak Online, Five Fresh Features to Expect from the Android Smartphone
- Three New Moto G Successors Spotted in FCC Document Dubbed Moto G2, Moto M and More --Reports
- iPad Air 2 Release Date Will Skip IGZO Panel; To Rollout with Super-Slim iPad Mini Air
- Upcoming iPad Mini 3 Could be 30% Thinner and Likely be Called iPad Mini Air; Apple Q3 Results Show 9% Decrease in iPad Sales