Tablets to outrun PCs in 3 years, says Apple CEO
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Apple’s CEO, Tim Cook, believes that the tablet market may suppress the computer market in the future. He not only seems sure about his believing but seems confused with the time period when hole of the market will revolve. He expressed himself in a conference call announcing Apple’s plans to issue dividends and initiate a stock buyback with its massive $97 billion cash balance.
According to Cook this huge sum of the balance is mainly contributed by the iPads. He also mentioned that till date Apple has sold about 55 million of these devices. The new iPad they have released has also made huge sales only in the first weekend. Cook has estimated that the tablet market will be 325 million units by 2015.
Ross Rubin, executive director and principal analyst for market research firm NPD Connected Intelligence, also says that the switch over could happen as early as this year. He added that if the market size change rates continue on pace, the tablet sales will surpass the notebook sales in the US.
However Apple cannot be given the full credit as some of the shares are also earned by the Android devices. The Windows 8 tablets may also add a lot more device to the list.
Again another report from Gartner released on March 8 notes that worldwide PC shipments are expected to rise 4.4 percent in 2012, to a total of 368 million units and to reach more than 400 million in 2013.
According to Ranjit Atwal, research director at Gartner, the Windows 8 and the Ultrabooks will create the compelling offering that will get the early adopters of the devices excited about PC’s again.