October 30, 2022
1 min read

Global tablet market down 16%

While the overall market fell, Samsung (19 per cent market share) and Amazon (10 per cent market share) led top vendors with low single-digit declines credited to their unique strategies in the market….reports Asian Lite News

Despite the global tablet market declining by 16 per cent (year-on-year) in the third quarter this year, Apple marinated the lead with 39 per cent market share and shipped 14.7 million units.

According to Strategy Analytics, Apple shipments fell by 14 per cent (on-year) but still gained market share as its higher tier portfolio benefits from wealthier customers shrugging off inflation.

While the overall market fell, Samsung (19 per cent market share) and Amazon (10 per cent market share) led top vendors with low single-digit declines credited to their unique strategies in the market.

“Samsung got the closest to positive territory this quarter thanks to its diversified Android portfolio spanning the premium tier with the Galaxy Tab S8 series down to lower tiers with the Galaxy Tab A series,” said Eric Smith, Director, Connected Computing.

Samsung shipments were better than expected at 7.2 million units, falling only 4 per cent year-on-year, while Amazon’s shipments fell 5 per cent at 3.7 million units.

This was a tough comparison quarter for Apple because many new products were launched in September 2021. Unlike the Mac results, there was minimal carry-over demand from last quarter’s supply disruption in iPad.

“Apple’s diverse portfolio stretching all the way to iPad Pros and iPad Airs running on M1 processors has boosted Apple’s ASP to $483 as users seek to do more on their tablets, including work, school, and play,” explained Chirag Upadhyay, industry analyst.

Despite 33 per cent year-on-year shipment decline, Huawei maintained its top 5 position in the tablet market

Lenovo shipments fell 37 per cent as it faced fierce competition in EMEA and North America and demand in the Windows segment is slowing post-pandemic, the report mentioned.

ALSO READ: Samsung vows no production cut amid profit drop

Previous Story

Apple’s paid subscribers doubled in three years

Next Story

Advantage India as Hong Kong announces new visa scheme

Previous Story

Apple’s paid subscribers doubled in three years

Next Story

Advantage India as Hong Kong announces new visa scheme

Latest from Business

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News

Ambani’s Jio launches $3.2bn share sale in India

Jio Platforms, the digital and telecommunications business controlled by Mukesh Ambani’s Reliance Industries, has launched a $3.2 billion initial public offering, expected to become India’s largest share sale. The offering comes amid
Go toTop

Don't Miss

7 in 10 Indians ready to loosen purse strings this festive season Survey

The Indian consumer and retail sector is all set to

63 moons wins ‘Asia’s Most Trusted Company’ award

Rajendran has expressed his gratitude to 63 moons technologies Chairman