Apple Inc. (AAPL): The iPad Turns Three

While the company doesn’t provide exact sales figures, industry analysts estimate that Amazon has slightly more than 10% of the market right now. I guess consumers still like Apple Inc.’s (NASDAQ:AAPL) products and Amazon.com, Inc. (NASDAQ:AMZN) is not the dominant player many projected it to become. It’s probably because the iPad fits in nicely with the overall Apple ecosystem. It works seamlessly with other iOS-powered devices like the iPod, iPhone and Apple TV.

The Barnes & Noble Nook devices are barely making an impact in the industry with only 1% market share. The company is floundering and has been losing money. Will it follow in the footsteps of Borders, which went out of business a few years ago? Will a white knight ride in and save it? Barnes & Noble certainly needs something. The Nook is fading.

Conclusion

So as the iPad goes into its 4th year of existence will it continue to be a big seller and keep the computing industry upside down? Or will it be another flash in the pan? And will Apple Inc.’s (NASDAQ:AAPL) release another game-changing product soon?

I’m going to put my money on Apple to continue to have success and keep the competition at bay.

Mark Morelli owns shares of Apple. The Motley Fool recommends Amazon.com and Apple. The Motley Fool owns shares of Amazon.com and Apple.