Report: Apple orders parts for 10M iPad Minis
If the numbers are correct, the company would continue its hold on the largest stake in the tablet market.
While Apple has not confirmed the number, The Wall Street Journal reports that suppliers have received orders for enough parts to make "more than 10 million units of the smaller tablets in the fourth quarter," citing sources with knowledge of the situation.
Amazon, which is producing four new versions of the Kindle Fire, is prepared to make only 5 million tablets available in the fourth quarter, the Journal says. That could be because Amazon will likely ship the Fire in fewer regions than its Cupertino, Calif., competitor.
From the time the original iPad was released, in 2010, Apple has acquired and maintained a significant lead over its competitors. Worldwide, the company still owns more than 50% of the market. During the first quarter, Apple's global market share was just over 58%. According to iSuppli, the third-generation iPad helped Apple increase its share to nearly 70% in the second quarter.
In August, Amazon announced that after selling out of every Kindle Fire produced, it had acquired 22% of the U.S. market. That was an interesting figure for the company -- which has yet to provide any specific sales figures -- to reveal. Amazon made the announcement just one week before unveiling its next line of tablets.
Google (GOOG) has yet to announce any sales figures of its first branded tablet, the Asus-developed Nexus 7. Analysts expect the search engine giant to sell as many as 8 million units by the end of 2012. A report by ZDNet concurred with that assessment, noting the enormous growth of Android tablets.
Barnes & Noble (BKS) presents another potential threat to Apple's empire. In September, the bookseller announced that it will release two new tablets this fall: the 7-inch Nook HD and 9-inch Nook HD+. The former will retail for $199, the same price as the Nexus 7 and Kindle Fire HD. Barnes & Noble priced its 9-inch model at just $269, undercutting its competitors by at least $30.
Price appears to be a key factor in acquiring sales. ChangeWave Research found that 59% of consumers purchased the original Kindle Fire because of the $199 MSRP.
"If the numbers are correct, the company would continue its hold on the largest stake in the tablet market"
Isn't that assuming they sell and others don't
I am so confused on how people are comparing the kindle fire to an ipad mini. There is no comparison between the two devices, I use a 7'' Samsung galaxy tab which is far superior to the kindle fire, yet, I will admit the fact that the ipad mini will have superior technology, hands down!
Cut down on conflicting regulations, lower the monetary burden in so many places such as michigan and California, find people willing to work entry level jobs for entry level pay( its about time to start refusing people welfare if they wont work) , and maybe if you start some companies will be willing to have a business where they can compete. Do you want to pay $10 a gallon for gas because it would help those that dont work, or do you want to pay $2 for gas so you can afford to give YOUR family more? Why should a business "bring jobs back" to make less, have a larger tax burden, suffer more lawsuits because someone does not like how the company designs the product, and constantly haveing to make changes because someone who knows absolutely nothing about how a product is made passes a regulation that says they must do something different. Kinda like the EPA fining Oil companies for not using cellulosic biofuel . a product not even available to them.
I agree 7132. Apple products dont have to be superior to android. People are buying on the name alone. They might not even know the device they just bought is last years tech. They may not even care. They can say they have what everyone else has.
This is turning into a real crap-shoot for the big brands. I keep waiting for the bomb-doors to drop open and hear the wailing sounds of falling technologies. Run people, if you aren't ready for the next wave of cells, notepads, and/or mp3's... I'm positive the economy will crumble under its weight.
On CNBC they said that if Romney get elected the USA will see "worst austerity programs" over his 4yrs than Europe, not growth as he claims. THEY SAID HIS PLANS WILL SLOW THINGS DOWN. If Obama gets elected, if Congress says "No" again to infrastructure projects like FDR had to build the economy then he will sign an exec order to get jobs. They think he will deal with the 'No' Congress as his first agenda.
PS: Did you see the Romney 47% FLIP FLOP, now he says he was 'WRONG' to say that the 47% are victims vs just plain ignorant. Romney key skill, FLIP FLOP !!!
Copyright © 2014 Microsoft. All rights reserved.
These tech headliners are in the midst of broader breakdowns. Consider cutting them from your portfolio.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.