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....