Thursday, September 8, 2011

JP Morgan Raises Tablet Sales Forecast

Mark Moskowitz of J.P. Morgan noted that "Apple continues to dominate and enjoy the lion's share of the tablet market". Overall tablet sales estimates were raised from 46.1 million to 51.9 million, with Apple predicted to dominate with a 70% market share in 2011. Competition is expected to drive down the iPad's market share in 2012 to 62.8 percent.

2011 revenue from tablet sales is predicted at nearly $30 billion. Average selling prices are predicted to drop to $435 during Christmas 2012, but Apple my stick to their guns on price for another couple years.

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iPad, I'm Lovin' IT!