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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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Apple (AAPL)
DateTimeHeadline
01/23/201713:27:00Sprint to Buy 33% of Jay Z's Tidal Music Service -- 4th Update
01/21/201703:02:00Apple Sues Qualcomm Over Chips -- WSJ
01/20/201720:31:00Apple Sues Qualcomm Over Licensing Practices -- 2nd Update
01/20/201718:53:00Apple Sues Qualcomm Over Licensing Practices -- Update
01/20/201716:11:00Apple Sues Qualcomm Over Licensing Practices
01/19/201718:34:15Statement of Changes in Beneficial Ownership (4)
01/19/201718:32:45Statement of Changes in Beneficial Ownership (4)
01/19/201717:29:35Amended Statement of Ownership (sc 13g/a)
01/19/201714:07:00Amazon, Apple End Exclusivity Deals for Audiobooks -- 3rd Update
01/19/201712:11:00Amazon, Apple End Exclusivity Deals for Audiobooks -- 2nd Update
01/19/201708:36:00EU Says Amazon, Apple End Exclusivity Obligations for Audiobooks...
01/18/201713:00:00GarageBand and Logic Pro X Music Apps Get Major Updates
01/18/201705:54:00India Is Keen for Apple to Manufacture in India, IT Minister...
01/18/201703:03:00FTC Files Lawsuit Against Qualcomm -- WSJ
01/17/201719:41:00Federal Trade Commission Files Antitrust Lawsuit Against Qualcomm...
01/13/201703:02:00Apple Sets Its Sights On Films, Television -- WSJ
01/12/201720:52:00Pandora Cuts Jobs, Projects Strong Fourth Quarter -- 2nd Update
01/12/201705:59:00Apple Sets Its Sights on Hollywood With Plans for Original Content
01/12/201703:03:00Smartphones Turn to Software Advances -- WSJ
01/11/201708:29:00The Next Big Thing in Smartphones? The Software

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