An iPad market dynamics reality check
Which makes perfect sense, really. Remember, the iPad 2 launched in March of this year. Why bother updating a device that isn’t yet a year old — especially when it’s selling so well? According to the latest metrics from IDC, the iPad holds a 68.3 percent of the tablet market. With that massive a share and no true rival to threaten it, there’s little reason to expedite the next version of the device.
Says Moskowitz, “We do not think Apple needs to be in a rush to unveil a new iPad. …The other tablet entrants have stumbled so far, and that trend-line could persist deep into 2012. Motorola Mobility and Research In Motion have been recent disappointments, and we expect more stumbles from others.”