Claim Chowder: ‘iPad Demand Said to Be Fading as Competition Heats Up’

Zach Epstein, BGR, back on 15 November:

Demand for Apple’s iPad tablet is said to be in decline as competition finally heats up thanks to the $199 Kindle Fire from Amazon, and investors could be in for a disappointing fourth quarter as a result. In a recent research note, Goldman Sachs analyst Bill Shope suggested Apple’s firm grip on the global tablet market may finally loosen unless the Cupertino, California-based company lowers its pricing.

Actual results: 15.4 million iPads sold, a 111 percent increase over the year-ago quarter.

Tuesday, 24 January 2012