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JPMorgan: Tablets to grow to $35 billion market by 2012

Posted on Friday, March 04 2011 @ 04:20:31 CET by


JPMorgan analyst Mark Moskowitz estimates the tablet market will grow to a $35.2 billion market by 2012, up from an estimated $26.1 billion in 2011.
"We expect tablets to have an increasingly negative impact on PC shipments," analyst Mark Moskowitz said. "More than 35 percent of tablets sold in 2012 will be cannibalistic, particularly as relates to netbooks and notebooks," he said.

JP Morgan raised its 2011 tablet revenue estimates to $26.1 billion from $24.9 billion and 2012 estimates to $35.2 billion from $34.1 billion.

It expects 2011 unit shipments of 47.9 million, up from its prior view of 46.1 million. For 2012 it sees unit shipments of 79.6 million, up from its prior view of 78.2 million.



 



 

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