|
While sales of the iPad are replacing Mac purchases for somecustomers, one new analysis concludes that's a good thing, asgrowth and market share opportunities for tablets provide morepotential for Apple. Gene Munster with Piper Jaffray believes that over the next 10years, the total tablet market will exceed that of the PC market interms of units. And as consumers shift their traditional PC setupto include tablets, Apple is positioned on the forefront of theemerging market with its industry leading iPad. Munster believes that some cannibalization of the Mac from the iPadis unavoidable. And even Apple officials themselves have said on numerous occcasions that iPad sales are likely to have eaten up some sales of Macs. But with Mac sales continuing to grow and outpace the rest of thePC market, Apple executives have shown little concern overso-called "cannibalization" of the Mac by the iPad. "If this is cannibalization, it feels pretty good," Apple ChiefExecutive Tim Cook, then the company's chief operating officer,said during a quarterly conference call in January of 2011. Combined iPad and Mac sales are currently around $62 billion.Assuming "aggressive cannibalization" of the Mac by the iPad in theyears to come, Munster sees the combined segments doubling in salesto $119 billion by 2015. In calendar year 2012, Munster expects Apple will sell 66 millioniPads, representing roughly two-thirds of the total tablet market.But while about 100 million tablets will be sold this year,research firm IDC estimates that the PC market will still beconsiderably larger, with 371 million units sold in 2012. However, Piper Jaffray sees the tide turning in the coming years,with the gap narrowing in 2015 when total tablet sales reach 301million, compared to 484 million PC sales. Munster believes thattablet sales could overtake notebooks by 2015, and exceed total PCsales before 2020. Munster acknowledged that some may find the shift from Macs, withan average selling price of $1,262, to the iPad, which has anaverage selling price of just $559, as a negative for the company.But he believes that in the greater scheme of the overall market,it's a positive transition for Apple. "At 1% share of the incremental PC units in 2015, Apple wouldgenerate $311 million incremental revenue," Munster wrote in a noteto investors, "but a 1% share of incremental tablet sales in 2015would generate $394 million in revenue." Piper Jaffray has maintained its "overweight" rating for AAPLstock, with a price target of $910. I am an expert from stroke-outboardmotors.com, while we provides the quality product, such as Fishing Boat Motors , 15HP Outboard Motors, 2 Stroke Outboard Motors,and more.
Related Articles -
Fishing Boat Motors, 15HP Outboard Motors,
|
