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Posts Tagged ‘ market share ’

Apple’s Stock Sputters After 10% Falloff

August 22, 2011

STILL ONE OF THE STRONGEST PERFORMING stocks on the market, Apple (AAPL) has sputtered up and down and around the $358 mark for a week or so now. After soaring over the $400 mark just before the exchanges around the world began tumbling on the news of Europe’s banking crisis, Apple has been trapped in that investor’s uncertainty box once again. What is ironic, but then what is more ironic than the stock market, Apple’s stock had just been projected to reach $540 on the strength of its continued success with the iPad. That and more than $86 BILLION sitting on the sidelines, Apple is positioned to continue its revival quest to gain marketshare that it somehow could not capture with its long line of personal computers. Payback is hell, laddies. Today, unlike a dozen or so previous opening bells here in the United States where the overseas markets almost always crumbled over night, Wall Street opened up with a substantial gain. Unfortunately the line has been slipping all morning. As usual, it’s the...

Apple’s Competition Stiffens, Others Die Off

August 22, 2011

NEWS FROM THE PAD SECTOR. Hewlett-Packard has taken a dump. After a mere seven weeks on retail shelves, HP has thrown in the towel, pulling its WebOS TouchPad off the shelves in a brutal corporate defeat. Apple just has too much juice oozing from its iPad to suffer wannabes lightly. Heres’ the latest line. Apple’s iOS tablet software accounted for 61.3 percent of the tablet market in the second quarter, more than double the 30.1 percent share held by Google’s Android, its nearest competitor. Microsoft held a paltry 4.6 percent share and RIM 3.3 percent, according to Strategy Analytics. But the landscape could soon change. Google’s move this week to buy Motorola Mobility, a hardware manufacturer, has also potentially raised the stakes against Apple as it will give the Internet leader slick, new devices to showcase its undergirding software—matching the Apple model.

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