Apple Grows Tablet Market Share

"Apple Inc. (NASDAQ:: AAPL) continues its success story with the iPad 2, as it has emerged as the leading tablet maker in the second quarter of 2011 in terms of global shipments. Research firm IDC confirmed that 9.3 million units of Apple’s iPad 2 being shipped during the quarter, netting a 68.3% market share worldwide, up from 65.7% in the previous quarter."
Bottomline: Apple iPad sales will explode in the third quarter. IDC estimates at least 62 million in tablet shipments in 2011. With Apple gaining 70% market share, this means at least 45 million iPads will be sold in 2011. Apple has sold little over 14 millions iPads through the first two quarters. This means, another 31 million iPads will be sold in the last two quarters. Recently, Apple has upped its local TV iPad 2 advertisements, and is poised to sell significant numbers of iPad 2 at home in the US, and worldwide! Apple will also announce the iPad later in the 4th quarter, along with the shipment of iPhone 5. Finally, Apple iCloud is also rolling out in the 4th quarter. All eyes on Apple to deliver another home run out of the ball park!

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References:http://finance.yahoo.com/news/Apple-Leads-Tablet-zacks-76625781.html