Samsung Electronics Co
. launched its new tablet Galaxy Note 10.1 in the U.S., Great
Britain and South Korea, and promised a worldwide launch in the
Samsung's new tablet will compete directly with
) iPad, and the base price remains comparable with the 32GB model
going somewhat cheaper.
The new tablet is designed to eliminate stylistic similarities
with the iPad that have the two companies battling in court. It
therefore adds two new features that the iPad doesn't have -
a stylus called S-Pen for taking notes or sketching and a
split-screen for using certain applications simultaneously.
The tablet uses the Ice Cream Sandwich version of
) Android OS, and a quad-core processor running at 1.4 GHz. It also
has a standard 5-megapixel rear camera and 1.9-megapixel front
As per U.S. research firm IHS iSuppli, Apple has a 69.6% share
of the tablet market, with Samsung far behind at 9.2% and
) third at 4.2%.
The tablet war is really heating up with manufacturers launching
) is entering the market with its Windows 8 tablet priced at
$199.0. This price range is similar to Google's Nexus 7 and
Amazon's Kindle Fire.
In any consumer market, the market leader tends to lose some
share, so this is not a special negative for Apple (assuming that
all the other devices taken together make a sizeable dent). As long
as the market itself continues to grow, any player with a good
product and solid strategy is likely to remain a winner.
Currently, Apple, Google, Microsoft and Amazon have a Zacks Rank
of #3, implying a short-term 'Hold' recommendation.
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