Sorry Acer, the iPad Isn’t Going Anywhere

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Earlier this week,  Acer Chairman JT Wang made the bold if foolish statement that the market share of the Apple Inc. (NASDAQ: AAPL) iPad would fall to 20 percent over the next few years.  Tech research firm iSuppli says that is nonsense.

The tech researcher says that Apple will “maintain a dominant share in the tablet market at least through 2012.”  While market share decline is inevitable, Apple’s share of shipments will slip only to 61.7 percent by 2012 from 70.4 percent in 2011.  That’s hardly going to keep Steve Jobs up nights as Apple fans — myself included — are willing to pay premium prices for the company’s products.

“Although the iPad has been on the market for only a few months, powerful interests throughout the technology business are devoting enormous resources to challenge and topple Apple’s domination in this fast-growing marketplace,” said Rhoda Alexander, director of monitor research at iSuppli, in a press release. “However, if recent history is any lesson, it will take some time for these companies to get their products to market, longer for them to offer necessary software support and infrastructure, and an even lengthier period to begin to rival the overall user experience Apple is able to deliver.”

Indeed, many lower-priced rivals have plenty of problems of their own.  Not only is Apple squeezing them on the high-end, but netbooks are hurting them on the low-end as are smartphones. Then there are the safety issues.

For instance, Acer recalled 22,000 Aspire notebook machines in January because a defective wire was causing them to catch fire.  Sony Corp. (NYSE: SNE) issued a similar recall of 500,000 machines in June. Hewlett-Packard Co. (NASDAQ: HPQ) reported a similar problem last year.

Apple’s dominance in whatever market it chooses to enter is only going to be interrupted by the next product from — you guessed it — Apple.

Jon Berr

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618