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Apple Share of Global Tablet Market Rises

Apple Inc.'s (AAPL) share of the global media tablet market rose to nearly 70% in the second quarter, putting the company on pace to reclaim much of the dominance it surrendered in 2011, according to industry researcher IHS Inc. IHS said Apple shipped 17 million iPad 2 and new iPad media tablets during the second quarter, a 44% jump from 11.8 million the first quarter. The higher shipments helped to push Apple's second-quarter global tablet share to 69.6% from 58.1% in the first quarter. That level marks a five-quarter high for Apple's share. The last time it accounted for such a large share was the first quarter of 2011, when it had 70%. "Apple is making all the right moves to rebuild its dominant position in the tablet space," said Rhoda Alexander, director of tablet and monitor research for IHS. "With the expected entrance of the seven-inch version of the iPad in September, Apple is sending a clear message that it plans to dominate this market over the long term." Rival tablet maker Samsung Electronics Co.'s (SSNHY, 005930.SE) market share fell to 9.2%, from 10.8% in the first quarter, while Amazon.com Inc.'s (AMZN) share shrunk to 4.2% from 5.8%. Write to Melodie Warner at melodie.warner@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Apple (AAPL)
DateTimeHeadline
04/24/201412:37:58MARKET SNAPSHOT: U.S. Stocks Rebound; Nasdaq Leads Gains
04/24/201412:19:36U.S. Stocks Rise, Buoyed by Apple, Facebook Results
04/24/201411:38:01TECH STOCKS: Apple Continues To Climb After Earnings
04/24/201411:36:56TECH STOCKS: Apple Sharpens Its Edge After Earnings
04/24/201411:24:13MARKET SNAPSHOT: U.S. Stocks Fluctuate On Russia Worries
04/24/201410:33:36MARKET SNAPSHOT: U.S. Stocks Slip On Russia Worries
04/24/201409:41:09U.S. Hot Stocks: Hot Stocks to Watch
04/24/201406:18:32EUROPE MARKETS: European Stocks Strong After Ifo, Draghi Comments
04/24/201404:31:14EUROPE MARKETS: European Stocks Strong After Ifo, U.S. Earnings
04/23/201421:41:48FCC's New 'Net Neutrality' Rules Allow for Preferred Traffic...
04/23/201420:16:16Apple Boosts Buyback, Splits Stock to Reward Investors-- 4th...
04/23/201418:29:12Apple Reports Higher Profit, Stock Buyback -- 3rd Update
04/23/201418:24:18Apple Reports Higher Profit, Stock Buyback -- 2nd Update
04/23/201417:28:24Apple Reports Higher Profit, Stock Buyback -- Update
04/23/201417:21:03Apple Reports 7% Profit Increase
04/23/201417:02:14MARKET SNAPSHOT: U.S. Stocks Tumble; S&P 500 Ends 6-day Run
04/23/201415:47:47MARKET SNAPSHOT: U.S. Stocks Drift Lower
04/23/201411:08:38TECH STOCKS: Apple, Facebook, Amazon Off As Techs Retreat
04/23/201410:50:10HBO to Allow Amazon to Stream Older Shows--Update
04/23/201410:40:12MARKET SNAPSHOT: U.S. Stocks Fall; PMI, Home Sales Disappoint

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