Has Apple Already Won the Tablet War? (AAPL)
The world’s
second-largest computer trade show, Computex, is being held in Taipei,
Taiwan this week. All eyes are focused on the new hot item – the tablet
computer.Apple (Nasdaq:AAPL) sold 1,000,000 of its iPad tablets the first weekend it was offered. It has sold around 25 million total. Sales of iPad tablets are so strong, that some analysts are cutting estimates for laptop computer sales.
Global sales of tablets is forecast to be in the 50 million range this year. But it’s mostly Apple that is benefiting. Motorola’s Xoom tablet, for instance, has only sold 250,000 units. (Yes, that’s thousands, compared to Apple’s millions).
While Apple may be winning the tablet sales war, investors should be looking to tablet component suppliers for other winning stocks. One chip company that has many tablet customers currently trades with a P/E of just 7.
This stock would need to move 17% higher just to reach its 52-week high. But when it reports blowout earnings coming in another few weeks, as expected to, it’s likely to move much higher. To discover the name of this stock and how to profit from the tech sector, CLICK HERE.
