ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » AMZN Stock Price » AMZN Stock News

Amazon.com Share News

 Amazon.com (mm) Stock Price
AMZN Stock Price
 Amazon.com (mm) Stock Chart
AMZN Stock Chart
 Amazon.com (mm) Stock News
AMZN Stock News
 Amazon.com (mm) Company Information
AMZN Company Information
 Amazon.com (mm) Stock Trades
AMZN Stock Trades

IDC: Tablet Market Weakens More Than Expected In 1Q

DOW JONES NEWSWIRES Media tablet shipments declined more than expected in the first quarter as a steep drop in Android-based tablet shipments offset a strong showing from Apple Inc. (AAPL), market researcher International Data Corp. said. Total worldwide tablet shipments for the quarter reached 17.4 million units, about 1.2 million units below IDC's projections. The results were expected to be significantly lower than the record-breaking 28.2 million units shipped in the fourth quarter, due to a seasonal slowdown. Apple shipped 11.8 million iPads, down from 15.4 million units in the fourth quarter. Maintaining its dominant position, the tech heavyweight grew its market share to 68% from 55%. "While Apple will continue to sit comfortably on the top for now, the battle for the next several positions is going to be fierce," IDC's Bob O'Donnell said. Samsung Electronics Co. (SSNHY, 005930.SE) was second place, followed by Amazon.com Inc. (AMZN), which grabbed second in the prior quarter but saw shipments decline sharply after that. Lenovo Group Ltd. (LNVGY, 0992.HK) was in the fourth spot, followed by Barnes & Noble Inc. (BKS). Though total Android shipments dropped sharply in the first quarter, IDC said companies such as Samsung and Lenovo were starting to gain traction in the market with their latest generation tablets. IDC said it expects the segment to rebound quickly as other vendors introduce new products. IDC said Apple's peers are realizing that they need to set their prices considerably lower than the iPad to compete. Google Inc. (GOOG) is expected to enter the market with a tablet that should directly compete against Amazon's Kindle Fire on price, and Amazon is expected to come out with a new, larger-screen device. IDC said it is still unclear what affect Microsoft Corp.'s (MSFT) new Windows 8 operating system will have on the market. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com

Stock News for Amazon.com (AMZN)
DateTimeHeadline
10/01/201416:00:15Pepsi True Will Be Sold Exclusively on Amazon -CNBC
10/01/201409:47:51U.S. Hot Stocks: Hot Stocks to Watch
09/30/201421:10:07Amazon.com, Disney Back at Peace
09/24/201417:03:32TECH STOCKS: GoPro Rises Amid Broad Tech Gains
09/24/201411:26:11TECH STOCKS: GoPro Rises As Tech Sector Edges Higher
09/23/201418:13:34TECH STOCKS: Apple, GoPro Rise, But Broader Techs Add To Losses
09/23/201417:58:09TECH STOCKS: Apple And Netflix Among Gainers As Tech Stocks Rise
09/19/201416:27:36MARKET SNAPSHOT: Stocks End Week Higher; Dow At Record
09/19/201413:15:56MARKET SNAPSHOT: U.S. Stocks Retreat From Record Highs
09/19/201410:44:17MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500, Dow Hit Records
09/19/201409:24:13MARKET SNAPSHOT: U.S. Stocks: Futures Higher As Fed Rate View...
09/18/201418:44:45TECH STOCKS: Apple, Amazon Lead Broad Tech Gains
09/16/201417:18:29TECH STOCKS: Microsoft, Pandora Lead Tech Higher
09/16/201411:17:24TECH STOCKS: Microsoft, Pandora Lead Techs Higher
09/16/201400:49:53U.S. stocks were mixed, but technology stocks suffered sharp...
09/12/201415:17:53TECH STOCKS: Tech Stocks On A Mixed Trading Path
09/09/201402:05:36Correction to Amazon Fire Phone Story
09/09/201401:57:21Amazon to Offer Fire Phone for 99 Cents
09/09/201401:56:53Amazon to Offer Fire Phone for 99 Cents With 2-Year Contract
09/08/201415:40:49Whole Foods Expands Delivery Options

Amazon.com and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad