JP Morgan: Apple Rivals Realize iPad Can't Be Beaten, Reduce Build Plans
by Joe White
June 1, 2011
According to a recently published report by JP Morgan, various companies in the tablet market have reduced their build plans following poor sales. Analyst Mark Moskowitz states that these companies have received an "early dose of reality," and that the market has yet to see a serious iPad-competitor be released.
Since March, tablet builds have declined by roughly 10 percent. Moskowitz claims that this means that "non-Apple tablet hopefuls have adjusted to the weak showing so far." The analyst cites Samsung's Galaxy Tab, Motorola's XOOM and RIM's PlayBook as examples of non-iPad tablets that have, quite simply, failed to succeed.
While Apple is selling every iPad 2 model it manufactures, other companies aren't enjoying the same level of interest in their tablets.
Moskowitz believes such companies will wait to "see how the back-to-school reception is" or release 4G LTE tablets, in the hope that sales may improve. We'll keep you posted.
[via Apple Insider]
