The Android-based tablets have increased their market share from 34.2% a year ago to 43.4% in the first quarter of 2013. Android-based tablets, such as Amazon’s Kindle Fire, are getting better and better with each new version.
Amazon.com, Inc. (NASDAQ:AMZN) is an aggressive competitor in the tablet market space. Some analysts believe that the Kindle’s evolution into a full-blown tablet is a way for the company to protect their e-reader market from other competitors. The company plans to make the Kindle Fire HD available in 170 different countries later this month. Amazon’s expansion into foreign markets will help them gain more market share in the tablet market.
Both Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc.(NASDAQ:AAPL) are good companies to invest in if you are looking to cash in on the future growth of the tablet market. As an investor, sometimes it’s best to invest in the companies that are market leaders such as Apple and Amazon. Be very cautious when investing in companies such as Dell and Hewlett-Packard who appear to be chasing market trends and are late to market with their tablets.
Ryan Sullivan has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc.(NASDAQ:AAPL). The Motley Fool owns shares of Amazon.com and Apple. Ryan is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
The article Watch Out PC Manufacturers: Tablets Are Forecasted to Overtake PCs originally appeared on Fool.com and is written by Ryan Sullivan.
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