Underestimating Apple Inc. (AAPL) Would Be a Mistake

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If you’re wondering what this has to do with Apple Inc. (NASDAQ:AAPL), it’s simply evidence that late entrants to the enterprise space do, in fact, have a chance to carve out a niche in a relatively short period of time. Where Apple has an even bigger advantage is in the fact that roughly 75% of enterprise device activations are on Apple products now. While this is mostly in the form of smartphones and tablets, it suggests a real willingness of business to consider Apple as a serious alternative to Microsoft Corporation (NASDAQ:MSFT) in this space.

iWork for iCloud clearly has its work cut out for it, as it attempts to take on two juggernauts in the tech space, but underestimating Apple Inc. (NASDAQ:AAPL) would be a mistake. If Cupertino is able to establish a presence with business — beyond as a hardware manufacturer — the growth potential could be significant. Apple has some catching up to do in productivity — and even device management — but the fact that it’s making an attempt is great news for shareholders.

The article Underestimating Apple Would Be a Mistake originally appeared on Fool.com.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Apple and Google and owns shares of Apple, Google, and Microsoft.

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