Will Apple Sell 100 Million iPads Next Year?
After having shipped 100 million units of the iPad in the first two and a half years of the tablet’s existence, Apple (NASDAQ:AAPL) will sell another 100 million units in just the next 12 months, according to Canaccord Genuity analyst Michael Walkley. Walkley wrote in a note to investors that Apple was likely to sell 101.6 million iPads in calendar year 2013, giving the company a 58.4 percent share of the tablet market. The analyst predicts Amazon (NASDAQ:AMZN) to sell 10.7 million tablets in the coming year, while Samsung is projected to sell 8.4 million tablets.
In addition, Walkley expects Apple to sell 193.9 million units of the iPhone in the next calendar year. Put that together with the 303.6 million handsets Samsung is projected to sell, and the two leaders will corner more than 50 percent of the smartphone market. The next highest projected smartphone seller is Huawei, with sales of 47.9 million.
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Walkley also estimated that Apple and Samsung captured 106 percent of the profits earned by the handset industry in the third quarter of this year if operating losses made by companies such as Research in Motion (NASDAQ:RIMM), Nokia (NYSE:NOK), and Motorola (NASDAQ:GOOG) are taken into account.
“With Samsung extending its overall smartphone and Android market share combined with Apple’s strength in high-end smartphones, competing smartphone [original equipment manufacturers] continued to struggle to compete with these dominant smartphone OEMs,” Walkley wrote. The analyst said he expected the two companies to continue dominating in the current quarter, with Apple possibly taking over some of Samsung’s share on the back of strong demand for the iPhone 5.
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