Analyst: iPad is Losing Ground Fast

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Posted July 25, 2013 at 7:21pm by iClarified

Citi Research Analyst Glen Yeung claims the iPad is "losing ground fast" as it is failing to keep up with the overall tablet growth the industry is seeing.

In his note to investors titled "iPhone Impresses but Questions Persist,"Yeung cites reported iPad shipments were down year to year while the overall industry tablet growth which is up sharply.

Apple reported 14.6 million iPads were sold during the company's third quarter, down from last year, when Apple sold 17 million iPads.

Year-to-year growth for iPad units will decline 7% for the upcoming quarter, notes Yeung. Even if Apple were to grow shipments by 75%, (6% year-to-year growth), they are still well below the industry growth of 58.7%

In the report, it was reiterated that Apple will be launching an iPad 5 and a new iPad mini in the coming months, which contradicts previous reports that there would be no iPad mini in 2013.

via Cnet

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Gfgf - July 27, 2013 at 1:20am

Woo hoo! Very happy for that!!!

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philme - July 26, 2013 at 4:09am

the ipad need to improve usb ports and tak up 512GB

AppleGuy299 - July 26, 2013 at 4:53am

The iPad doesn't even have USB Ports AND holding even 128GB of data is really hard, 4x that much I will make your iPad the size of a laptop.

gamerscul9870 - July 26, 2013 at 6:15am

microsoft has that but apple steals battery life from it, another reason ipad beats rt.

Thoughtful - July 26, 2013 at 3:03am

Analysts are made to talk some bullshit, i guess he is good at his work, bullshitting.

Ken - July 26, 2013 at 9:17am

My bad, you must be a analyst then.

AppleGuy299 - July 25, 2013 at 11:16pm

Uhhhhh yeah that's what happens when apple doesn't put out another product for a while. In a little bit, apple will be at the top of the market again.

sidewinder - July 25, 2013 at 9:54pm

my iphone disagrees with your stated auto-correct suggestions. just sayin

Simon - July 26, 2013 at 12:37am

LOL!!!!! That's some funny.

Jim James - July 26, 2013 at 3:56pm

Does it matter the reason shipments are down? No. Any way you slice it, people are still buying less iPads.

gamerscul9870 - July 26, 2013 at 7:10pm

For one thing, many choose than over crook hd, skindle shire, and any other craplet, even ipads accesories

Jeff - July 25, 2013 at 9:20pm

Selling Point is a Valid Jail-Break for Apps Purchased.. I have been WAITING for a JB some Time and been using my Android more.. Anyone Think this has something to do with the Drop in Sales also?..

famleon - July 25, 2013 at 9:01pm

I have an Ipad 1, 2, 4 and mini and I love it, but I know people buying Samsung for only one thing... PHONE, is one thing that I really do not understand, why not include the phone, they will double the sales. simple as that

gamerscul9870 - July 26, 2013 at 6:17am

They only reason that's happening it once people buy a phablet (s4) they pay more for size and repairs due to how poor the phone is, that's why soon they'll go to iphone instead.

bander.alb12341@hotmail.com - July 26, 2013 at 6:32pm

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bander.alb12341@hotmail.com - July 26, 2013 at 6:33pm

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Anthony - July 25, 2013 at 8:30pm

Common, are you kidding me????? Dude it's down in the last quarter because the iPad 5 will be released this year.... Obviously the share for "The Quarter" will drop pre-release.... But over all the iPad has the market on lock..... Dont be one that's easily swayed by 1 article.....

Ben - July 25, 2013 at 8:38pm

#Anthony you work for Apple ?

Simon - July 25, 2013 at 9:13pm

No. But cmfella works for Samsung.

Camfella - July 26, 2013 at 12:05am

Don't call me Common:)

Anthony - July 26, 2013 at 2:04pm

@Ben- I don't work for them, I just "call a spade a spade"

sopo - July 25, 2013 at 7:38pm

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Still pretty damned good! - July 25, 2013 at 7:32pm

Well, no pun intended but this is not necessarily comparing apples to apples... it's like comparing iPhone sales to cellular phones overall. Not exactly the same, but same principle. The iPad was not and will never be "the tablet for the masses", so its sales performance compared to the overall industry will never really match. I would not worry about this is I was Apple.