The markets for smartphones and tablets are fiercely competitive.
The markets for smartphones and tablets are fiercely competitive. At stake are hundreds of billions of dollars and that means riches for the market leader.
Based on my stock analysis, the king of tablets at this juncture is Apple Inc. (NASDAQ/AAPL), the global market share of which is around 69% in the second quarter and it wants to hold on to its share. (Source: ABI Research.) In a recent court ruling, Apple was awarded just over $1.0 billion from Samsung Electronics Co. Ltd. (KRX/005930), which has an eight percent market share, after claiming that Samsung’s smartphones and tablets look and feel like Apple’s “iPhone” and “iPad.”
The positive ruling was a win for Apple, even if the company doesn’t really need the money. Going forward, my stock analysis is that market rivals will be reluctant to make products similar to those of Apple.
Apple, which I still consider one of the best stocks in technology, will face increasing competition in the lucrative and surging tablet and smartphone markets, based on my stock analysis. Currently, Apple is the market leader in the booming tablet market. READ MORE >>> http://www.investmentcontrarians.com/stock-market/tablet-wars-picking-up/594/