Apple Inc. (AAPL) and Samsung: Is the Time for Tablets Up?

Apple Inc. (NASDAQ:AAPL) and Samsung are the world’s largest premium tablet vendors, whereas one arguably ‘invented’ the product, the other rode on the wave for the device. Regardless of who revolutionized tablets, the important question for Apple Inc. (NASDAQ:AAPL) and Samsung is whether the device will continue to flourish or is the tablet era over, as is evident from recent sales reports.

iPadminiRD_Svr_PSR_PF_PB_HERO

Photo Credit: Apple

Kevin O’Leary, an Investor at ‘Shark Tank’ discussed the decline in tablet sales and the prognosis for tablets, with the ‘Squawk Alley’ team on CNBC.

“The bigger question, I think, that we all must be asking is, what is the long term prognosis for tablets? Because, as I look at the form and factor of iPhones and Samsung Note 3s, beyond their surface, perhaps a tablet just becomes an iPhone that you can’t make any phone calls on and therefore it just becomes extinct. I don’t have any applications on my tablet that I can’t use on my iPhone and vice versa in the Android environment too,” O’Leary said.

O’Leary is also concerned about the drop in sales of tablets that both Apple Inc. (NASDAQ:AAPL) and Samsung have witnessed in the second quarter, owing to the fact that tablets are the second biggest product for Apple Inc. (NASDAQ:AAPL) and a major product for Samsung. He believes that before concluding which platform will dominate, one needs to look at the long term existence of tablets as a product category in itself. O’Leary also feels that perhaps tablets would be a vertical for enterprise in the long run, instead of being a consumer product.

“[...] For consumers, tablets are PCs, they just are, they are not an extension of the phone, they are PCs and I think Apple Inc. (NASDAQ:AAPL) as the leader in this market has to decide are they going to make the iPad more PC like, do things like ship it with a keyboard or are they going to back off a bit and make it more of a niche product,” CNBC’s Jon Fortt said.

Disclosure: None

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

Top 6 Cities For The Ultra Rich to Live in Comfort

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!