Apple iPad competitors may be putting too many eggs in their baskets according to J.P. Morgan Research analyst Mark Moskowitz. There is an “increasing risk of a bubble burst” later in 2011 thanks to an over supply of tablets from iPad’s rivals.
“In our view, the technical and form factor improvements of the iPad 2 stand to make it tougher for the first generation of competitive offerings to play catch-up, meaning actual shipments could fall well short of plan,”
Moskowitz predicts 65.1 million tablet devices could be produced in 2011. J. P. Morgan’s own estimates call for 47.9 million tablets to be produced this year. Apple could also see an almost 100% sales growth over the coming year with as much as 29 million iPads sold in 2011.
“Aside from Motorola’s Xoom and HP’s TouchPad (which does not have a price tag yet), the competitive offerings appear to be light on attraction, in our view,”
iPad News Via: appleinsider.com
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