ADVFN - Advanced Financial Network.
HOME» NASDAQ » G » GOOG Stock Price » GOOG Stock News

Google Inc. Share News

 Google Inc. (mm) Stock Price
GOOG Stock Price
 Google Inc. (mm) Stock Chart
GOOG Stock Chart
 Google Inc. (mm) Stock News
GOOG Stock News
 Google Inc. (mm) Company Information
GOOG Company Information
 Google Inc. (mm) Stock Trades
GOOG 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 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;

Stock News for Google Inc. (GOOG)
05/05/201521:05:41Fossil Beats Earnings Estimates; Shares Spring Forward
05/05/201521:04:35Fossil Beats Earnings Estimates; Shares Spring Forward
05/05/201519:14:06Yahoo's Marissa Mayer on Microsoft Search Deal, Alibaba Spinoff
05/05/201518:48:21Amazon, Google See Shift in Regulatory Stance on Commercial Drones
05/05/201514:53:24Little Republic Wireless Faces New Rival: Google
05/05/201514:26:10Little Republic Wireless Faces New Rival: Google
05/05/201514:00:023 Socially Responsible Companies with Huge Cash Flows
05/05/201513:48:21Little Republic Wireless Faces New Rival: Google
05/05/201513:20:02The Walt Disney Company Earnings: Elsa, Anna, and The Avengers...
05/05/201510:36:34RetailMeNot Reports Slide in First Quarter Profit -- 2nd Update
05/05/201510:20:19RetailMeNot Reports Slide in First Quarter Profit -- Update
05/04/201523:50:24Cisco Joins Race to Boost Internet Speeds
05/04/201523:04:28Mayweather-Pacquiao Boxing Match Shows Might of Live-Streaming...
05/04/201522:30:12Cisco Joins Race to Boost Internet Speeds for Cable Companies
05/04/201519:23:02What Could Possibly Go Wrong With Disney Stock?
05/04/201519:02:35From Einhorn to Ackman, Live From the Ira Sohn Conference...
05/04/201515:21:15Is Comcast Corporation's Great Quarter Masking a Bleak Future?
05/04/201508:00:02Facebook Attempts to Replace Android's Apps Again
05/03/201517:20:02Mobileâs Best Blue-Chip Stocks: Apple, Inc., Google Inc., and M...
05/03/201513:08:02This Struggling Industrial Giant is Gearing up to be the Next...

Google Inc. 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