Thursday, April 17, 2014

Apple: Already Too Late To The Phablet Market


Summary
  • Research firms expect huge growth for phablet devices.
  • Analyst sees enthusiasm in Asia around a larger screen iPhone.
  • Apple appears already late to the large screen device market.
The evidence continues to mount that Apple (AAPL) is extremely late to the large screen smartphone market and the in-between phablet market. Legendary CEO Steve Jobs claimed that consumers didn't want or need large screen smartphones. To a certain extent, he was probably right when viewing a domestic market where consumers largely have a computer at home. Unfortunately, in the developing Asian markets and other emerging economies where consumers don't own computers, a phablet provides an almost required phone size. These consumers get a mobile phone plus a screen capable of some computing and gaming functions that bridges them into the modern world.

Read the full article at Seeking Alpha.


Disclosure: Long AAPL. Please review the disclaimer page for more details. 



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