Michael Walkley, a technology industry analyst with Cannacord Genuity, believes Apple will continue to dominate the global market for mobile devices in 2011.
“Based on continued strong sell-through trends for the iPad and the iPhone, we believe Apple will maintain both market and value share leadership in these fast growing markets through C2012,” Mr. Walkley said in a note to clients on Thursday.
Walkley expects the iPad’s ownership of the tablet PC market to drop from 76% in 2010 to 48% in 2011, though he argues Apple will still be positioned to take “well above 80%” of the profits for the tablet market both this year and next.
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