Pegatron blames slumping Apple iPad mini sales for lower revenue
is more on demand, while price has been stable." Chang added that the problem is "Not just tablets, also e-books and games consoles, almost every item is moving in a negative direction." Amid competition from Android tablets, all of Apple's slabs have been experiencing a sharp drop in market share. According to the latest data from IDC, the Apple iPad had a 39.6% share of the global tablet market in the first quarter, down from a 58.1% share in the same quarter of 2012. At the same time, Samsung saw its share of the worldwide tablet market increase from 11.3% to 17.9%.
Pegatron's fortunes in the consumer electronic business are heavily dependent on sales of the Apple iPad mini, with the 7.9 inch slate accounting for more than half of the company's revenue in the sector. The Apple iPhone 4S accounts for a majority of sales in the company's communications division. Pegatron isn't the only company in the business experiencing a drop in revenue. Hon Hai, the largest electronics manufacturer in the world, and the company that assembles the Apple iPhone 5 and other Apple products, last month reported a 19% drop in revenue. That was the largest decline for the company's top-line in 13 years.
1. Aeires (unregistered)
Apple should have released the first version with the Retina. Probably didn't because they'd have less to offer in the second iteration.
3. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)
Doesn't work that way. First release is lowest spec. Then v2 improves a little bit. V3 is a slight improvement over v2. And, and, and. Got to keep the iFans paying their hard-earned (remember the kid who sold a kidney for an iPad?) $ for the latest iToy. Only Q is whether the mini2 has an improved set of other specs (CPU, GPU, battery life, etc) in addition to the display.
7. bucky (Posts: 2077; Member since: 30 Sep 2009)
Same can be said about android stuff too. Only difference is apple at least does it once a year instead of every 2 weeks.
6. osmaankhaan (unregistered)
So the blame game has already started in apple too!!
2. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)
Everyone is waiting for the new and improved mini. The mini1 was basically a shrunken iPad2 with LTE. Time for Apple to release a new and improved mini. The market is voting with their wallet.
4. HDShatter (Posts: 1021; Member since: 17 Jan 2013)
Nexus 7 update soon will be much more interesting.
8. selena1000 (Posts: 84; Member since: 14 Mar 2013)
i have used a nexus 7 and let me tell u something it sux compared to the mini
5. Hemlocke (unregistered)
Not exactly. Cirrus Logic and a few others blamed a slowdown in Apple component sales for their slow quarters, last quarter, and Apple ended up posting very solid numbers. The iPad Mini sold more last quarter than Samsung and ASUS tablets, combined, sold in the last 12 months, just for comparison's sake. It's easy for them to point the finger at Apple, but as Cook said, they source from a lot of suppliers.