IDC Report Reveals Significant Drop in Apple’s Market Share; Special Report by Leading Financial Newsletter Profit Confidential

Share Article

In a recent Profit Confidential article, contributor and financial expert Sasha Cekerevac reports that International Data Corporation (IDC) recently released a report stating that Apple’s market share in the technology sector was only 50.4%, versus just under 65.5% during the second quarter of 2012. (Source: “Android Tablets Gain Momentum in the Third Quarter, Expectations Remain High for the Holiday Quarter, According to IDC,” International Data Corporation, November 5, 2012.) According to Cekerevac, this drop in market share indicates that Apple is now playing catch-up with competing technology stocks.

IDC Report Reveals Significant Drop in Apple’s Market Share; Special Report by Leading Financial Newsletter Profit Confidential

IDC Report Reveals Significant Drop in Apple’s Market Share; Special Report by Leading Financial Newsletter Profit Confidential

Android Tablets Gain Momentum in the Third Quarter, Expectations Remain High for the Holiday Quarter, According to IDC

Past News Releases

RSS

In a recent Profit Confidential article, contributor and financial expert Sasha Cekerevac reports that International Data Corporation (IDC) recently released a report stating that Apple’s market share in the technology sector was only 50.4%, versus just under 65.5% during the second quarter of 2012. (Source: “Android Tablets Gain Momentum in the Third Quarter, Expectations Remain High for the Holiday Quarter, According to IDC,” International Data Corporation, November 5, 2012.) According to Cekerevac, this drop in market share indicates that Apple is now playing catch-up with competing technology stocks.

“For a long time, Apple had a strong investment strategy built on the fact that it was introducing revolutionary products to the market,” notes Cekerevac. “Over the last year, its products have actually been playing catch-up with the products of other technology stocks that have introduced new leaps in innovation.”

In the article “Apple’s Shocking Drop in Market Share; What It Means for the Stock,” Cekerevac states that the high price for the “iPad mini,” Apple’s newest tablet, will open the door for other technology stocks to continue building on their market share gains.

“With the investment strategy of premium pricing to maintain high margins, Apple is making a risky bet that consumers are willing to be locked into its ecosystem and pay a premium to do so,” the Profit Confidential expert explains.

Cekerevac reasons that with other technology companies creating products that are comparable to Apple’s but with lower price points, this is becoming an increasingly risky bet for the technology giant.

With technology companies coming out with even better products over the next couple of years, Cekerevac sees the landscape becoming far more commoditized, with more choice for consumers and lower profit margins for all technology stocks in this sector.

“For Apple to maintain its share price, it [needs] to turn this negative trend around,” Cekerevac concludes.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Michael Lombardi
Visit website