One fifth of RIM’s stock valuation was wiped out today as a result of poor tablet and smartphone performance. BlackBerry phones are also shrinking due to “lower than expected sales for older models”. With just 200,000 units, PlayBook may very well be heading to the technology graveyard. To put PlayBook sales into perspective, RIM shipped one PlayBook to every 46 iPads. We believe the PlayBook is poised to follow HP’s TouchPad as the next casualty of iPad’s tablet dominance
Ticonderoga analyst Brian White weighs in: RIM refused to reveal actual sell-through as it is no doubt significantly lower than the sell-in. Per RIM’s quarterly filing, they shipped only 200,000 PlayBooks in the quarter, a paltry number compared to Wall Street expectations of 700,000 units. And Research In Motion’s BlackBerry PlayBook tablet? On a downward spiral and probably due for life support. He also wasn’t impressed by Sony’s tablet which “lacks the refined, sleek feel of the iPad and its bezel-like back is not user-friendly”. The other tablet entrants have stumbled so far, and that trend-line could persist deep into 2012. Our latest research continues to indicate that there is no such device slated for production this year. Morgan analyst Mark Moskowitz, Apple should be in “no rush” with iPad 3: HP exited the game, having retired its TouchPad and today lackluster sales of RIM’s PlayBook tablet made the news.Īpple decimated competition so thoroughly that analysts are saying the company can take its time releasing a third-generation iPad.
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iPad is now stealing market share from Android, climbing from 65.7 percent share to 68.3 percent globally as Android slipped from 34.0 percent to 26.8 percent. Really, the title of this article couldn’t be more true. “Is 2011 going to be the year of copycats?”, Apple’s then chief executive rhetorically asked at the March iPad 2 introduction in San Francisco.
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