7 April 2013
TECHNOLOGY: It is predicted that Android devices will overtake iPads in market share.
By Aysouda Malekzadeh, News Editor
Android devices are beginning to take a bite out of Apple’s mobile market share. Apple is starting to surrender more market share to its rivals around the globe. For the first time, shipments of tablets running the Google Android operating system will overtake the iPad. Researchers at the firm International Data Corporation (IDC) predict that consumers will be more interested in the growing variety of smaller and less expensive Android tablets from manufacturers such as Google and Amazon.com than with the iPad, detracting from some of the dominance Apple has held over the market since 2010.
Though shipments of iPads and iPhones are expected to keep growing at favorable rates, Samsung Electronics and others have hurt the company. With a combination of interesting marketing, greater variety and rapid adoption of technology, these companies are slowly gaining power over Apple. Apple’s shares lost a third of their value after hitting a high in September.
Apple, which is currently the top seller of tablets among manufacturers, may begin losing its lead on tablets in the future. IDC claimed that iPad shipments are expected to account for 46 percent of the tablet market in 2013, compared to 51 percent last year. The market share devices for running Android is expected to grow to 49 percent this year from 42 percent last year.
With the competitors rising, Apple is beginning to lose its edge. According to Thomas Reuters I/B/E/S (Institutional Brokers’ Estimate System), Apple’s revenue is expected to grow $26 billion in the business year ending in September, which is only a little more than half of the $48 billion increase in revenue from the year before.
Contributed By oneclickroot.com