Analysts have reported that Apple Inc. (NASDAQ:AAPL) will continue its booming sales growth into the coming years.
According to a special report issued by research group Gartner, Apple Inc. (NASDAQ:AAPL) will hold on to a dominant 73.4 percent of the tablet market this year.
On top of this, it also says that Apple Inc. (NASDAQ:AAPL) will continue to dominate the tablet market, maintaining more than 50 percent market share through 2014.
Carolina Milanesi, research vice president at Gartner said, “We expect Apple Inc. (NASDAQ:AAPL) to maintain a market share lead throughout our forecast period by commanding more than 50 percent of the market until 2014.This is because Apple delivers a superior and unified user experience across its hardware, software and services.”
Apple Inc. (NASDAQ:AAPL) shares were at 401.82 at the end of the last day’s trading. There’s been a 21.3% movement in the stock price over the past 3 months.
Apple Inc. (NASDAQ:AAPL) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.21
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.22
Zack’s Rank: 1 out of 2 in the industry